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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (21078)	1/11/2005 6:45:29 PM
From: RealMuLan	Read Replies (3) \| Respond to of 116555

As I said, finger pointing would never ever work. Yes, US lost plenty jobs, China lost more. So who to blame? The root goes back to the ever increasing productivity and never-ending chasing after higher profit. I would like to tell this Evans that first put your house in order before telling what Asian countries should or should not do. We can take care of our own business. And BTW, the most single important factor for the big trade deficit bet. the US and China is the trade restriction on the US side for the high-tech product. While I do agree that China should have started to buy some US asset much earlier<g>.