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Politics : Foreign Affairs Discussion Group
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To: Keith Feral who wrote (147676)10/12/2004 6:03:32 PM
From: jttmab  Read Replies (1) of 281500
 
I think that the ridulously low price of oil has kept manufacturing countries like China way too competitive.

The previous articles seem to dispute that notion.

I don not accept the fact that China can ship a good to the US more cheaply than we should make it here.

It's difficult to argue with someone that won't accept a fact. :o{

Think globally and act locally makes a lot of sense when it comes to commerce.

Catchy phrase.

All of the sudden the competitive price advantage of a container of manufactured goods is cheaper to buy from a US company than it is to have the product shipped from China.

And the cost to export from the US will be higher. Cost of manufacturing will be higher. That will drive up employment rates.

Higher energy prices will be bad for manufacturing countries and good for [commodity?] countries.

Other than oil, wheat is a commodity and the US produces more wheat than it can use. We export it....using oil to ship it.

jttmab
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