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

To: RealMuLan who wrote (34097)	7/23/2005 8:07:22 PM
From: GST	Read Replies (1) \| Respond to of 116555

<You should do some reality check> I did -- I went to China and discussed it with people at Commerce. China is in the superior economic position and they will want to benefit accordingly -- but at a pace that they can absorb. They can absorb up to about 5% per year without any problem. They become more wealthy each year. We become less wealthy each year. We live beyond our means. They cash in on our shortsightedness. I expect nothing other than basic economic justice -- we will pay for what we are doing. And we will.