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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (22385)	9/1/2007 11:07:09 PM
From: Peter Dierks	Respond to of 71588

Average Public Boadband Speed by Country: (This is a powerful argument for deregulation - IMHO)

To: Peter Dierks who wrote (22385)	9/2/2007 1:25:25 PM
From: TimF	Read Replies (2) \| Respond to of 71588

Its easier to grow from a lower level, esp. when other countries are already developed and can serve as a market. As China grows its labor costs will go up. I'm not saying it won't grow fast for awhile but their are limits. As for debt giving them power over us. Not really. Any attempt to weld that power would hurt them more than it would hurt us. If anything the existing stock of debt gives us power over them as much or more than it gives them power over us. What gives them some power over us is the fact that we will continue to need new buyers for the more debt, but its a power that's pretty hard to weld effectively.