To: Leisler
There is some notion that Chinese production is profitless and is a beard for stripping investment dollars. A scam. a hustle. Ponzi. That's not quite correct. The Chinese do realize gains, many of them are gainfully employed and their standars of living are rising. By definition, voluntary trade between two or more parties creates value for all parties involved...unless one or more parties are acting irrational and not in their own self-interest; it's the whole basis for trade/commerce. I'm simply asserting that the Chinese might do much better if their focus was a more balanced appraoch to growth. If you ask me, we're the ones who have benefited most from our exchange with them...they're the ones who have been causing the capital to flow, here, and expanding our economy.
10 posted on
10/25/2007 5:29:50 PM PDT by
LowCountryJoe
(I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
To: LowCountryJoe
Not us, them. Inter Chinese, like Southern Plantation owners booked profits and slaves ate the costs. Then, England and others would be talking the benefits of trade with the American South. But, a racket is a racket.
11 posted on
10/25/2007 5:34:51 PM PDT by
Leisler
(RNC, Rino National Committee. Always was, always will be.)
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