The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RealMuLan who wrote (18482)	3/11/2004 8:26:41 PM
From: Elroy Jetson	Read Replies (3) of 306849

Yes, in the long-term China has a domestic market which is four times larger than the United States. China currently wants the latest technologies from their favorite pet monkey, the United States. But ultimately the United States and their small market is irrelevant. Economies of scale rule. Most American executives lost in self-deluded fantasy world of "international trade" are only too glad to teach their Chinese "partners" every technology they have developed over time. There is not other nation in the world that is willing to do this. Korea and Japan have reluctantly agreed to give them nearly obsolete technologies in a few projects, but only America is willing to give the Chinese their state of the art tech. Ultimately the United States gives up everything and gains nothing of lasting value. Technology transfer, without compensation, is not international trade. There is no comparative or absolute trade advantages in dealing with thieves.

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