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nom=de=plume[_2_] nom=de=plume[_2_] is offline
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default The Federal Reserve Bank bankrupt?


wrote in message
...
On Fri, 1 Oct 2010 14:15:36 -0700, "nom=de=plume"
wrote:


wrote in message
. ..
On Fri, 1 Oct 2010 10:32:48 -0700, "nom=de=plume"
wrote:

Go to any store, pick up just about anything and see where it came
from.

So, you want us to compete to make plastic toys? Well, actually, what
gets
produced here doesn't usually have a lead problem.

Have you looked at anything other than plastic toys?
Look at things like tools, electronics or clothes. How many are US
made?
We send them scrap iron, they send us socket wrenches.


And, I pointed out that we also export lots of stuff. Your point? We used
to
be afraid of Japan. Now, we're "afraid" of China. I prefer not to be
"afraid."


We were afraid of Japan but we could compete with them. Their products
were more expensive than ours and their people made a good wage. We
don't have that with China.


And they were buying up property and companies in the US.

Your list of things we export also showed 8 of the 10 were in decline.
The trend went from virtually balanced trade between us an china in
1985 to a ratio of 4 times as much of our money going to China than
they buy back from us.


Yet, they're making money. Why would they want that to end? So they can
dominate the world I suppose.