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To: kabar

Last I checked China was still busy cranking out cheap junk to sell to us, albeit at a slower rate than during most of the Bush years. China would not want that to stop either. As a result, I would say that we and China will be locked in this crazy dance well into the foreseeable future.


18 posted on 10/05/2009 9:50:59 PM PDT by HiTech RedNeck (ACORN: Absolute Criminal Organization of Reprobate Nuisances)
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To: HiTech RedNeck
Cheap junk? I have been to China. Most of the world's major corporations have huge operations there because of the cheap labor and lack of regulations on such things as the environment.

We are the losers in this "crazy dance," because our wealth is flowing into the Chinese coffers. Pretty soon our consumers will not have the money to buy their goods. This country is headed for a huge fiscal train wreck within a decade. Our entitlement systems are bankrupting us. We are living way beyond our means.

20 posted on 10/05/2009 10:07:18 PM PDT by kabar
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