"thunder" wrote in message
...
On Mon, 11 Jul 2005 19:23:47 -0400, NOYB wrote:


Mutually Assured Destruction with economics instead of nukes? Sounds
like
we're in the second Cold War already.


LOL Pretty close to it. Although the whole theory of a "Global Market"
is that trading partners would have less antagonisms, not more. Still, it
seems to be working. Who knows what our relations would be like with
China these past thirty years? Since Nixon went to Bejing they have
seemed relatively peaceful.

I see China benefitting from our trade relationship, but I don't see the
U.S. benefitting...particularly in the long run. Sure, in the short term we
have cheap toasters and microwaves available at Wal-Mart...but we've lost
tens of thousand of manufacturing jobs in the process. The advocates of
free trade with China claim that it will open up a huge market (1.6 billion
Chinese) for U.S. products...but does anybody really believe that the
Chinese will completely open their markets to foreign
products...particularly once they start building commercial airplanes, etc.?
I don't.

The Chinese have waged economic warfare on the U.S. for the past decade, and
we haven't even started to fight back.