"Jim Carter" wrote in message
...

"NOYB" wrote in message
ink.net...
This is the silliest statement of your post. Who would the EU,
Brazilian,
and Japanese Corporations sell their products to if the US quit doing
business with China?

Why, China of course.


The Chinese have no money to buy the things that the US manufacturers are
producing. Despite having more than four times our population, there's
still a $30 billion trade deficit between our countries. China should be
buying 4 times as much from us as we're buying from them, yet they're buying
less than half as much.



First of all, overnight, China would lose almost 20% of its export
business.
There'd be a huge surplus of goods with nobody to sell them to.

These goods would be immediately rerouted to other nations who could and
would immediately purchase them at a discount.

The other nations are already in economic hardship with record unemployment
right now. You're advocating EU, Brazilian, and Japanese companies moving to
China, which would only drive up the unemployment rate even higher.
Unemployed people don't buy very much.



Secondly, the EU and Brazil have unemployment rates that are around 10%.
(Germany's is up over 12%) Suppose the EU and Brazil rushed to fill the
void left by American companies. How high would that push the current
rate?

Your knowledge of international trade needs to be upgraded. The trade
with
China and the increased prescence of the European Economic Community and
Brazil into China would reduce the unemployment rate in those countries
NOT
increase it.

You're trying to tell me that when a German corporation moves its factory to
China, that reduces the unemployment rate in Germany? You may want to
rethink that.



15% unemployment? 20%? As Henry Ford pointed out, you have to pay your
workers enough that they can afford to buy your product. The Chinese
don't;
consequently, they must rely on export.

Now you are really showing you have limited knowledge of China. It has
the fastest growing economy in the world and it has the largest consumer
base in the world.

China's economy may or may not be the fastest growing. we're now realizing
that the Chinese may be concealing their true economic numbers (like they
did with the SARS outbreak):

http://www.latimes.com/business/la-f...ck=2&cset=true




Who will they export to? Not the US.

True.....

And not the EU because the EU will have too many unemployed people to
purchase the goods.

Not true. Read again the trade figures for the EU

I read them. China exports 15% more to the US than to all of the EU
countries combined:
http://www.chinaembassy.org.in/eng/zgbd/t172961.htm



Germany, the Netherlands, the UK, and France are the only EU countries to
make a list of China's top 10 trade partners...and they place 5th, 6th, 7th,
and 10th respectively on that list. Combined, they import $28.955 billion
from China...which is $25 billion *less* than what the US imports alone from
China.
http://www.uschina.org/statistics/fo...rade_2004.html




If the US pulled out of the Chinese economy, we'd be hurt, particularly
in
the short term...

True......

but they'd be devastated to a point from which they'd never recover.

China would not be devastated at all if the US pulled out of the Chinese
economy. The US would be replaced by others that are willing to
participate
in Global Trade.

Not a chance. As the US economy goes, so goes the World economy...but we're
better at bouncing back.