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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (465449)	1/17/2012 5:42:04 AM
From: Maurice Winn	2 Recommendations Read Replies (2) \| Respond to of 793964

Hey, wait a minute. I'd go under if the USA stops trading with China. I sell them a LOT of CDMA via Qualcomm and they'd stop buying. My pay day would be a sorry state of affairs without revenue from China. <China goes under without our trade. We could replace them easily. > I get the impression that trade is good for both parties, with a consumer surplus for the buyer and profits for the seller. How are we easily going to replace China? Mqurice

To: LindyBill who wrote (465449)	1/17/2012 4:27:36 PM
From: Jorj X Mckie	3 Recommendations Respond to of 793964

China goes under without our trade. We could replace them easily. They are just one step in the distribution chain. I'm amazed that more people don't understand this. China's economic success is really based on U.S. economic success. In fact, they are in an "America bubble" much like our internet bubble and R/E bubble of the recent past. If America has real serious economic problems, China's house of cards starts falling. They need us far more than we need them.