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To: Artie

As Americans become poorer and more 3rd world by the day, we won’t have money to buy all the plastic junk, electronic toys and gadgets, decorations, clothes, etc. from China. We’ll be struggling to buy groceries and pay our light bills and health insurance. Any extra money will go towards guns, ammo and seeds.

Sorry China, we can’t prop up your economy any more. We have our own “5 year planning” board deciding our fates.


11 posted on 06/24/2013 8:22:17 AM PDT by boxlunch (Psalm 2)
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To: boxlunch
Sorry China, we can’t prop up your economy any more. We have our own “5 year planning” board deciding our fates.

Sorry to burst your bubble, but they are not exactly dependent upon the US for the economic growth. Firstly, the Chinese government works hard to limit inflation and growth every year. Secondly, only 20% of their exports go to the US (note, not even 20% of their production, just 20% of what they ship out). If EVERY export to the US ended instantaneously, they'd have some pain... but they wouldn't crash. We need them more than they need us. Sad, but true.

(Germany, Italy, and the Netherlands combine for about 10% of China's exports... about half of what we buy from China... and those 3 nations total 120 million people, far less than half of our 330 million. Per capita, we are not nearly as important to China as Europe is. Singapore has 2% of China's exports, with only 5 million citizens... 1/10 our business with only 1/60 our population.)

12 posted on 06/24/2013 8:45:11 AM PDT by Teacher317 (The public is being manipulated to fleece the taxpayer. That is the real industry in Washington.)
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