tag:blogger.com,1999:blog-196554259323465442.post9058440645603302470..comments2023-10-27T03:41:13.171-07:00Comments on Warning Signs: China is Blocking America's Economic RecoveryAlan Carubahttp://www.blogger.com/profile/10901162110385985193noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-196554259323465442.post-67453835864127395542011-12-19T20:49:10.373-08:002011-12-19T20:49:10.373-08:00Your article is very interesting and very unusual,...Your article is very interesting and very unusual, this is a very useful information for us, thank you for sharing with us<br /><br /> Regards<br /><br />Clark Minersgoldhttps://www.blogger.com/profile/14419035997170443504noreply@blogger.comtag:blogger.com,1999:blog-196554259323465442.post-33267739193978007692011-09-20T10:05:53.378-07:002011-09-20T10:05:53.378-07:00@Larry: Good points!@Larry: Good points!Alan Carubahttps://www.blogger.com/profile/10901162110385985193noreply@blogger.comtag:blogger.com,1999:blog-196554259323465442.post-24219161265586072212011-09-20T08:34:23.533-07:002011-09-20T08:34:23.533-07:00China has been taking advantage of our government&...China has been taking advantage of our government's absurd economic policies. But China itself is in deep economic problems of its own. The people in nations in Europe and the US, the base market for Chinese manufactured goods, no longer have money to purchase China's manufactured goods, however cheap those goods might be, and China is also going down the drain from an economic standpoint.<br /><br />The end result, coming very soon, is not going to be pretty to behold.LarryOldtimerhttps://www.blogger.com/profile/10811006386363706079noreply@blogger.comtag:blogger.com,1999:blog-196554259323465442.post-18474954225849282011-09-20T08:16:53.850-07:002011-09-20T08:16:53.850-07:00The EPA and state boards, along with foolish gover...The EPA and state boards, along with foolish government policies is what destroyed our manufacturing base, our mining base and our smelting industry. We done it to ourselves.<br /><br />Anyone should have been able to see that our manufacturing industry couldn't compete with labor in other nations being paid at less than $5 or less per day.<br /><br /><br />Prior to about 1964, the balance of international trade was greatly in favor of the US. The powers that be in government then decided that this wasn't "fair", and effectively made our US industries give away for nothing technology which had cost our industries great sums of money to develop.<br /><br />In about 1972, the economic decision was made that the US could trade our vibrant mining, smelting and manufacturing industries economy up for a service based economy.<br /><br />In the prior economy, value was being constantly added to our economy, so our economy was very good. With a service economy, no value is added to the economy, only price goes up.<br /><br />I am not about to accept laying the blame on other nations for our woes, when it is obvious that it was and is our own politicians, federal, state and local, which are causing us our economic grief.<br /><br />This last scheme, with the Fed trading Dollars for Euros to "bail out" central banks in Europe is absurd, and as far as I am concerned, several high placed officials should be tried and convicted of treason.LarryOldtimerhttps://www.blogger.com/profile/10811006386363706079noreply@blogger.com