Chinese Refrain

[BlueStreak]

Originally Posted by BlueStreak

Saipan, Huh. Interesting.

Interesting because it is a US territory in which US owned companies are free of the labor laws imposed on them here on the mainland.

Take a good, long look at how they behave.

Is this what you want for the coming generations of Americans?

Dave

No comment?

Dave

[piece-itpete]

How's their productivity?

Pete

[BlueStreak]

Originally Posted by piece-itpete

How's their productivity?

Pete

Standard sweatshop levels.

But, I guess if all you give a damn about is the numbers..............then I'd say management is doing a fine job. Least that's what all the charts indicate.

Dave

[Charles]

The Chinese are a paper tiger.

http://www.telegraph.co.uk/news/news...-to-China.html

If they call in our loans we can starve them to death!!!

Chas

[JCricket]

isn't it great? They loan us money to buy their goods. So what would happen if all americans completely stopped buying chinese goods. Just thinking out loud below.

1.China would not have any money coming in on exports from us. They would have a recession and unemployment would rise in their country. There wages would drop(lower than now I think). They would have to raise the interest on their loans to keep solvent. The big business' over there would be hurting.

2.Over here, the demand for goods would stay the same, but the purchasing ability would drop as the prices would be higher because of the cost of domestic labor and the limited supply of these goods. The money flowing out of our economy would stop. However, our economy is in fairly poor shape. It would take several years before we built up enough production facilities(be it labor, capital, or equipment) to becomes strong again.

3. To ensure this doesn't happen again, major tarrifs should be imposed on imported goods.

Just an idea, if we did this China would be hurting bad..........
So, lets do a little extortion here. If we owe China, lets say 5 trillion dollars, we will agree to buy 10 trillion in goods over the next ten years. This cancels the debt and keeps them afloat for that time. If not, then we just stop buying and paying.....................

Afterall, this(edit: china's action) is kind of like a drug dealer giving credit to a junkie to keep his profits high.

[flacaltenn]

Trade restrictions like what you're proposing generally lead to wars.

Want to play?

[d-ray657]

Originally Posted by flacaltenn

Trade restrictions like what you're proposing generally lead to wars.

Want to play?

I don't think I have an argument with you there, but I do think there should be some sanctions tied directly to violations of intellectual property rights.

Regards,

D-Ray

[Charles]

Originally Posted by flacaltenn

Trade restrictions like what you're proposing generally lead to wars.

Want to play?

Can we use the nukes this time?

Chas

[piece-itpete]

I hope so - the clouds are incredible. :hmm:

My problem with China is, by artificially depressing their money they are basically dumping everything they sell here.

Pete

[Combwork]

Originally Posted by piece-itpete

I hope so - the clouds are incredible. :hmm:

My problem with China is, by artificially depressing their money they are basically dumping everything they sell here.

Pete

The Chinese invasion isn't so obvious here, maybe because of trade within the EU but what impresses me most is the range of Chinese goods. Just as an example, they make many varieties of good quality valve amplifiers. As far as I know the UK make none; maybe the US does but in very small quantities.

Do the Chinese make a capital profit on goods like this, or is the 'profit' long term; trying to influence buyers to seek out the Made in China label as a mark of quality?