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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.93-0.4%Dec 24 4:00 PM EST

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To: TobagoJack who wrote (22087)9/7/2007 12:18:12 PM
From: Ilaine  Read Replies (3) of 218705
 
You're completely missing the point, again. That article is from the New York Times, which is the most respected and influential newspaper in the US.

And they're not reporting what I think, they're reporting on a national trend among the educated upper and upper middle classes. Not just conservatives, but also liberals, and lefties, and greenies.

It puzzles me, and not just me, it's a topic of note among public commentators, that Chinese think this is all political, and all about trade wars and silly stuff like that.

Point is, cheap Chinese goods were acceptable when we thought they were safe, and now we don't, and the Chinese destruction of the environment was acceptable when we thought it was limited to China, but it's not, and so forth.

Maybe a sign of maturation of US economy, like the European economies and the Japanese economy are maturing. Young people just starting out in life have fewer economic choices, older people with good jobs have more choices, and prefer good value for money even if the goods are more expensive.

As for Chinese made cars -- who knows? But not any time soon.

I mean, China can't even get it together in time for the Olympics, when they'll be under global scrutiny. PRC has its head up someplace dark.
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