New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (270)	4/9/2001 7:29:30 AM
From: Arthur Tang	Read Replies (2) of 435

The new economy is built on complimentary and supplementary economies? Or is Canada, Mexico and China our complimentary economies? Maybe the rest of the world is our supplementary economy? The concept of supply and demand warrants us to protect ourselves not by insurance payments but by policy of having production capacities around the world to safely operate our economy without danger of lack of supplies due to natural disasters. It has been proven many times when Florida and California suffered in agricultural disasters. Mexico came through with flying colors. Then in Winter, Chile supplies most of our grapes. Argentina is also ready to supply what we need, if we planned with them for any Winter crops? Our banana came from central and south Americas. The problem today is that China, due to the Airbus relationship has made EU their prime trading partner. Bush administration is further driving them away from our previous dependency on their production capacity. China has not planned to retain US business growth and is not providing extra capacity growth for our economy. We now have to find extra cheap labor production capacity with good quality control elsewhere? The China dependency as a complimentary economy has been shown in the retail employment data for 10 years in the new economy growth. The recent closing of retail chains(banks pulled their rugs) had liquidated shoe inventory. We will soon have a shortage of inexpensive shoes. Our government has been asleep on their watch, not understanding the friendship relationship in a complimentary economy. You should never fight with your friends, when they supply most of your clothing, electronics, and computer peripherals. Should we cut our own throats?

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