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![]() "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. 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. 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. 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. 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 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. Jim Carter |
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