Quote:
Originally Posted by Paul Markham
Without the West as a trading partner, there is no Third World Market to trade with. They have no money.
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Look at a map, will you? What you are saying is Canada has no money? Or Australia? Or Mexico? Or any of the countries in South America?
Quote:
Originally Posted by Paul Markham
What you fail to realise is giving a country $100 and getting back $75 is a bad deal. Giving China the ability to build an economy that overtakes the West, then China giving back some of that money. Should be regarded as insane, unless you run a big corporation manufacturing in China.
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This is the part you don't get.... The trade imbalance is still there, still exists, and now the United States has LESS bargaining power than before.