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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Elroy Jetson who wrote (16014)11/17/2004 10:14:03 AM
From: mishedlo  Read Replies (3) of 116555
 
Listening to a radio show last night and they were talking about Walmart and Chinese trade. Anyway somebody from the Long Beach Port Authority says 80% of the shipping in Long Beach is to and from China.

They ship us all the value added finished goods and we ship back scrap metal, paper pulp, and other commodities.

So the moderater says " isn't that the relationship the US used to have with third world countries?"
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