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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: dave9 who wrote (109827)3/23/2010 8:28:48 AM
From: ajtj99  Read Replies (2) of 116555
 
The difference between you and I are I have actually been involved in every aspect of what I was talking about on this subject.

You on the other hand are speculating.

Which one of us has more credibility on the issue?

Actually, the Chinese have a trade deficit with nearly every country on earth except the United States. They actually have a very good case that their added value once a product is made and exported is quite minimal, often 10%-20% due to the huge imports of raw materials necessary for the production.
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