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To: DannyTN

China is not the cause of our problems.

Our problems are from within.

And I don’t believe China is doing nearly as well as claimed. In fact I believe they are near the edge of collapse. There’s no transparency on anything financial. There’s only what some government official says the numbers are. Central planning never works and it won’t work for China and it won’t work for us.


27 posted on 09/20/2012 3:11:03 PM PDT by DB
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To: DB

China wants you to believe they are near collapse. There are constant articles printed for years about how China is near collapse. Meanwhile they continue to grow fast and steal our technologies.

Our problems are within only to the extent that it’s us who have implemented stupid trade policies that have cost us jobs and industries.

You can eliminate all taxation and all regulations and you still are not going to compete with Chinese labor at $2/day.

We should only take advantage of cheap Chinese and other third world labor once our own people are fully employed.


29 posted on 09/20/2012 3:17:38 PM PDT by DannyTN
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