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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (249775)	11/27/2007 1:15:09 PM
From: michael97123	Respond to of 281500

right about the chinese but for them its marketing money for the chief driver of their economy, the american consumer. Also remember that the yuan is pegged to the dollar so their are advantages and disadvantages there. I agree with your basic point that the US needs to correct this before we become a second rate power. How its done is most important. Anti-immigration, protectionism, isolationism are all dangers. We need to correct ourselves in the context of globalism. Iraq war created the imbalance and although there will still be money spent it should come under more control in the next admin. What must NOT be done is create recession as a cure.