I pointed out many years ago that this was a viable occurrence. Many of my friends and associates believed that since the USA was such a large consumer of goods and merchandise made in China, that this would never happen. However, China being a truly Socialist nation instead of a nation trying to push socialist values and expand the government into a position of complete and unfettered control over the economy and redistribution of wealth; China, as a nation is much more capable of absorbing the economic impact of such a move.
Somehow, "I told you so" just does not seem to be enough.
Thursday, August 09, 2007
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