PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (453214)	9/5/2003 1:31:21 PM
From: k.ramesh	Read Replies (1) of 769670

What can reverse the structural change? We were talking about this and the Chinese currency issue. And the fact that there is a huge logistics monster behind all the mic(madeinchina) products. WMT is a 220B monster whose chief function is to be a warehouse for mic products. What natural event will break this monster? The rise of a middle class in China and India, and the subsequent increase in energy use. The logistics monster with ships and containers and ports and $100K longshoremen, can be brought to its knees if crude goes up permanently to $50?

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