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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (50051)5/16/2004 10:28:19 AM
From: KyrosL  Read Replies (3) of 74559
 
I see not much to indicate the validity of Stratfor's spin on facts

The prices we are paying here for Chinese goods are ridiculously cheap. I can't see how some of these prices can even cover the transportation and material costs -- it's obvious why you avoid manufacturing companies <g>. To me it seems like a gigantic transfer of Chinese savings to American consumers. What happens when the free money spigot from Chinese banks to Chinese producers is turned off? Greenspan's money printing pales in comparison.
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