Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (36799)	7/31/2003 4:32:44 PM
From: Prophet	Read Replies (2) of 74559

Biggest mistake made by these politicians was to approve China's entry into the WTO. Now they are suffering the consequences. China is a country with unlimited human resources an d a considerable amount of brain power. Furthermore, they are very few checks and balances in their government, making it open season for economy and currency manipulation. As it was prior to membership in the WTO, the US could not compete with China in the manufacturing sector. Nevertheless, things were kept in check by isolating China from the WTO. Now they have a full license to dump just as Japan did in the 70s and 80s. What a bunch of pigeon head politicians we have. God protect us!

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