Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Observations and Collectables -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (17470)	12/25/2025 5:12:36 PM
From: brushwud	Read Replies (1) \| Respond to of 18013

“China doesn’t want anything we can offer. They can’t think of anything they couldn’t make themselves, better and cheaper. China makes trade impossible!!” The above is written from memory, probably paraphrased. It's a principle of international trade theory that only comparative advantage is necessary to enable trade, not absolute advantage. So if one country is twice as efficient at producing one good and ten times as efficient making another, they can still benefit by importing the first and exporting the second. The situation with China is much like with Japan around 1990. Japan subsidized certain industries and "dumped" products to foreign countries below cost, also known as "exporting unemployment". They seemed unstoppable with just-in-time manufacturing.