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To: TigerLikesRooster
Justified or not, they would feel that they have to reciprocate. I think there will be some escalation back and forth.

So what
We ran a 700 billion dollar trade deficit last year
I kinda think a trade war kinda works out better for us

Take that Smoot Hawley act .....we probably ran trade surpluses back then so it hurt us more than others

39 posted on 02/01/2009 6:36:55 AM PST by dennisw (white trash philosophizer)
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To: dennisw

Wake up, there is a reason the high tech companies(IBM, HP, etc.) are shifting attention, assets (read research, manufacturing, technology centers, etc.) to the Middle East, Asia and parts of South America. The executives in Davos see power and money moving south and east. They go where the MONEY is...those attending Davos don’t give a fig about the US recovery except to the extent it allows them to suck out more $$$.


42 posted on 02/01/2009 6:53:10 AM PST by NHResident
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