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echo: barktopus
to: Ad
from: Robert Comer
date: 2007-04-20 08:55:06
subject: Re: 2 USD 4 1 UKL

From: Robert Comer 

They don't go after China and they are a far bigger threat than we are.  We
have no manufacturing capacity anymore.

You really have to study up on what China is doing, they're far worse
protectionists/anti free trade than we have ever been.

--
Bob Comer


On Fri, 20 Apr 2007 06:36:15 +0100, Ad
 wrote:

>Geo. wrote:
>> "Ad" 
wrote in message
>> news:462708a9{at}w3.nls.net...
>>
>>>> This is required least we want China to take our entire
manufacturing
>>>> base..
>>
>>> I'll bet the renminbi is tracking the dollar.
>>
>> What we really should be doing here, given that the chinese economy is
>> starting to overheat, is we should just slap a large import duty on
>> chinese goods and claim it's to help regulate the chinese economy. That
>> way we get the extra money from the correction instead of them
>> increasing the value of thier currency (or us decreasing ours).
>>
>> To me this makes far more sense but hey.. I don't get to run the country
>> this week.
>>
>> Geo.
>
>A) the same thing would happen in reverse all over the place. Lot's of
>countries would slam duties onto imports from the US claiming you're
>using "currency dumping"
>
>B) The WTO would go after you with a spiky buttplug.
>
>
>Adam

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