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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: j-at-home who wrote (267904)	11/18/2003 10:24:36 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 436258

Chinese society is self-sustaining with little interest in emulating the West. Oh.. that's a real misjudgement J.. The last time I figured out the stats between their per capita GDP, and the amount of their trade surplus with the US, it came out to something like 200 million people being dependent upon good trade relations with the US. The Chinese need us, just as we need them. They need us to buy their goods, providing them the capital they require to grow their economy, create jobs, and modernize. We need them to produce cheap parts which we can turn into higher value products. But with more and more US manufacturing going there, I fear that we're going to lose some of the strategic industries upon which a modern state must rely in times of crisis (war). all tied in a relatively homogenous environment Don't know about that either. Ever see a Chinese person from Hong Kong try to speak with someone from Manchuria or Bejing? They have an incredible number of language dialects, each effectively separating them from one another culturally. But as a people, they really seem to like Americans (related to me by a buddy who lived there for 9 months last year). Hawk

To: j-at-home who wrote (267904)	11/20/2003 7:04:55 AM
From: Jeff Jordan	Respond to of 436258

>>>>Chinese society is self-sustaining with little interest in emulating the West .. it is a colossus with it's own culture, music industry, arts, etc. which isn't in any competition with America .. Hong Kong, Taiwan, Japan, Korea, Singapore, Malaysia, Indonesia, Vietnam, Laos, Cambodia, etc., etc. all tied in a relatively homogenous environment .. this giant is only growing more powerful .. they manufacture everything .. they sneeze in the US direction and US assets are going to feel the breeze<<< LOL...........seriously! With all the economists in the world you'd think there would be clearer understanding of world economics. Before I give my arguments....I would state interest rates will remain low and easy lending will continue in a continued effort to expand. I'm not going to say much because I think the analysis is worth something. But, why we got tax cuts for stimulus reasons, why the Dollar is lower, why China is driving the cost of commodities higher, Why the American consumer isn't flush with cash....This deflating buying power has the same effect of tax increases.....we know the world can't do that right?<g> Only this taxation probably has no representation. Again, Oil is too high. Socialism isn't good for business or government IMO. The economic nations of the world need more harmony in their relations and politics is poisoning the well of prosperity because selfish power hungry groups want what they want or nobody lives in peace otherwise, etc. No man should so act as to make a gain out of the ignorance of another. - Cicero It should be easier to do the right thing than the things you want. ~jjordan Nothing ever becomes real till it is experienced. Even a proverb is no proverb to you till your life has illustrated it. - John Keats