[Paulus Invictus]

I cannot believe that the imbalance "favors us." The dollars they are spending are not all for our goods either. They are also buying from Russia etc.

[donmeaker]

Eventually the money has to come back to us. That is the nature of trade.

What they buy, that is the flexible part. The biggest part of our trade imbalance is oil. That goes to Canada and Mexico who produce most of the oil we buy.

I kind of think we will be stuck dealing with Canada and Mexico for a few million years for Mexico, or until the next ice age for Canada.

[Paul Ross]

I cannot believe that the imbalance "favors us." The dollars they are spending are not all for our goods either. They are also buying from Russia etc.

Indeed, the five-to-one imbalance is even worse than it sounds. They are attempting to purchase more of the industrial-production "capital" of the U.S. and relocate to China...further deepening and worseninng the trade imbalance! Which is also accentuated by any Treasuries or other securities they purchase.

See the Industry and Job Trends of the US and China [ E.g., Anecdotally, Magnequench successfully absconded with by the Chi-Comms, and the attempt on UNOCAL and all its deep-sea drilling technology as well as licenses thereto and its minerological holdings as well]

It's a down-ward spiral.

The Chi-Comm-controlled trade imbalance manifestly proves their economic enmity. The fact that donmeaker unthinkingly makes this well-debunked point...puts him in a new light.