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To: charles m

You don’t think the Chi-coms are in power as a result of the U.S. propping up their economy?
Stop our trade imbalance and they fall.


9 posted on 12/13/2007 10:56:27 AM PST by Joe Boucher (An enemy of Islam)
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To: Joe Boucher

Stop our trade imbalance, and we’ll see massive shortages on the state side as well. Don’t think trade doesn’t work both ways. When 75% of our economy is based on consumption, I don’t think we can so easily say “stop our trade imbalance and they fall.” The Chinese and other foreigners are propping up our economy as well. Citibank just got bailed out by a bunch of Saudis asking for 11% returns.

The point is, short of outright invasion by the Chinese of US territories or bases, the US is not going to stop trade with China. And the Chinese aren’t stupid enough to repeat the Japanese.


14 posted on 12/13/2007 12:22:15 PM PST by charles m
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