......China is eating our economic lunch!!!!! (http://www.csmonitor.com/2004/1119/p01s02-woap.html)


"But China's President Hu Jintao is getting quite a different reception. For two weeks now, he's been cutting ribbons at new factories in Argentina, enjoying beef barbecues in Brazil, addressing congresses, and announcing investment projects as he and 150 Chinese businessmen make their way across South America and on to Cuba.

As in Asia and Africa, China is rapidly expanding its economic and diplomatic presence in Latin America. Frustration in this region over what is perceived as Washington's preoccupation with the war on terror, and US trade pacts that never quite get signed, coincides with a surge in exports and new trade deals with China."

Originally posted by Mr. Shaman
......China is eating our economic lunch!!!!! (http://www.csmonitor.com/2004/1119/p01s02-woap.html)


"But China's President Hu Jintao is getting quite a different reception. For two weeks now, he's been cutting ribbons at new factories in Argentina, enjoying beef barbecues in Brazil, addressing congresses, and announcing investment projects as he and 150 Chinese businessmen make their way across South America and on to Cuba.



I wonder if Hu Jintao has an opposition party screaming "outsourcing, outsourcing".

LOL, thats the first thing that popped into my head. seems outsourcing in china is a good thing. can these moron leftists get any more exposed as hypocrits and liars and still demand to be taken seriously? it is beyond the point of being humorous and now is just sad and pathetic.

Originally posted by Travh20
LOL, thats the first thing that popped into my head. seems outsourcing in china is a good thing. can these moron leftists get any more exposed as hypocrits and liars and still demand to be taken seriously? it is beyond the point of being humorous and now is just sad and pathetic.
Hell........you want sad & pathetic????

Try some o' the Bust......er, BUSH-ECONOMY!!!!!!!!!!!! (http://www.washingtonpost.com/wp-dyn/articles/A61083-2004Nov18.html)

"With a colleague, Brad Setser, Roubini recently published a study of the trade imbalance that has gotten a respectful reading in high administration circles. Like other pessimists on the subject, Roubini and Setser focus mainly on the enormous amount of debt that the United States has incurred with foreigners in recent years. Because the U.S. government spends hundreds of billions of dollars more each year than it collects in taxes, and because Americans buy hundreds of billions of dollars more each year in imports than they sell in exports, the country has effectively borrowed much of the difference from abroad, with foreigners amassing huge holdings of U.S. Treasury bonds and other securities.

As a result, the broadest measure of the amount the United States owes the rest of the world has shot up from $360 billion in 1997 to an estimated $3.3 trillion this year -- a figure that, as a multiple of U.S. exports, is "in shooting range of [the comparable figures for] troubled Latin economies like Brazil and Argentina," the study says. It adds that "as students of recent emerging market crises know, the market can swing . . . quite quickly" from buying vast quantities of a country's bonds to unloading them in a panic.

Similar fears were expressed at a recent seminar by John Williamson, a scholar at the Institute for International Economics, who noted that, at around $650 billion, the broadest measure of the U.S. trade deficit is already "larger than any large country has had in the lifetime of any of us." And it appears headed much higher -- from about 5.7 percent of gross domestic product this year to 12 percent of GDP by 2010, by some estimates. Under that scenario foreigners would have to lend Americans much greater sums than they do now to cover the cost of imports, Williamson said, so "it is very difficult to believe that the danger of a crisis doesn't increase as U.S. indebtedness increases."

Yeah........that's quite the little businessman you clowns turned-loose in the Oval Office!!!!!
:@@:

zzz, oh I am sorry, was I supposed to read that?

How would raising domestic taxes affect foreign trade imbalances in the debt vs. deficit sense?

Originally posted by Travh20
zzz, oh I am sorry, was I supposed to read that?

Note that some people are more concerned about invading and overthrowing soverign forign governments who have done nothing to us than keeping guard on our economic security. As long as herr bush is killing people they don't give a damn about anything else he does. In fact they would rather stay ignorant than learn about it - as the above quote shows.

I bet there was spit flying out of your mouth and a mean scowl on your face when you screamed at your monitor while you typed that wasnt there?

The united states is slowly becoming china's bytch.

I'd go on to explain that except the wingers have no concept of how economics plays on the world stage ... after all there are Irak-eees to kill, gays to harrass, interstates to rename, abortion clinics to bomb, statue breasts to cover, proms to segregate, blacks to drag behind trucks and wal-mart has a sale today.

Let's get our priorities straight ... ROTF.

Dop

maybe we should let dop into our schools to teach good old liberal values, like tolerance and acceptance of those different then you :rolleyes:

Current news:

Condescending prick of the day award gets handed to Dop in a landslide victory over Freethinkers assault on the "bible belt's" movement to elect a homophobic red neck idiot. Congratulations, Dop, you're a worthy addition to the Democratic Party.
Now, back to you, Dianne...

Originally posted by Travh20
I bet there was spit flying out of your mouth and a mean scowl on your face when you screamed at your monitor while you typed that wasnt there?

Trav, you crack me up. You picture me seathing with anger and frustration about your posts. When in actuality I thoroughly enjoy these debates and get a kick out of reading some of the assinine stuff that gets posted. I admire your devotion to your causes even if I don't agree with them.



For the record I only foam at the mouth when I sneeze and someone says "god bless you". LOL >sarcasm off<

not that you are foaming at the mouth over my posts, you are foaming at the mouth mad that these god damned fundies walk around breathing the same air as you.

I'd go on to explain that except the wingers have no concept of how economics plays on the world stage ...

Except you haven't got the slightest clue how it works yourself, and the "right wingers have no concept" is your cover so that you won't have to try to explain yourself.

Originally posted by Lungdop Philing
The united states is slowly becoming china's bytch.

I'd go on to explain that except the wingers have no concept of how economics plays on the world stage ... after all there are Irak-eees to kill, gays to harrass, interstates to rename, abortion clinics to bomb, statue breasts to cover, proms to segregate, blacks to drag behind trucks and wal-mart has a sale today.

Let's get our priorities straight ... ROTF.

Dop

Absolute drivel. Which economic principals do "wingers" not understand?

Seems libs don't understand MANY economic concepts.

1) Increased taxation results in less of what you're taxing.
2) Economic floors and ceilings result in decreased demand and decreased supply, respectively.
3) Increased regulation is a barrier to entry, which results in less competition.
4) Socialism doesn't work.

Originally posted by TheGreat Gatsby
Absolute drivel. Which economic principals do "wingers" not understand?


Maybe pResident GWBush will give us all a brief summary of economic principals, and explain how he'll deal with the serious economic problems facing this country in the next four years.

That is.....right after he finishes reading "My Pet Goat".

It's not my job Karankawa to teach you and the wingers about economics. Learn on your own or face a slow personal economic death.

Dop

George bush he invest i n oil also

Right on cue -- here comes the big dump ... ROTFLMAO

Now all we need is for Japan and Europe to chime in and switch to EURO reserves and we'll soon find out if Rush, Sean, bill and there other talking head bushbots are right when they say "don't worry about a thing -- the entire world depends on the United States to keep their economies going -- they can't make it with us."

There are going to be some long faces, especially here at allforums, when they find out the the US is quickly being marginalized (intentionally) by the rest of the civilized world.

We have no one to blame -- we did it to ourselves when we invaded Iraq on bullshit and lies. We deserve it.


http://cbs.marketwatch.com/news/story.asp?guid=%7BBFCC42B4%2D4153%2D484D%2D988B%2D 2CDBE10A9415%7D&siteid=mktw

It looks like my link doesn't want to work ... hmmmm ...

this will have no effect on our standard of living. it is of little or no importance to anyone. it is a good way for america haters to show how fucked up we are and "deserve it", whatever that it is we deserve.

Originally posted by Travh20
this will have no effect on our standard of living. it is of little or no importance to anyone.

You're kidding of course?

Dop

no, I am not kidding. it wil have no effect on us at all as individuals. kind of like the deficit. 10 trillion surplus, 10 trillion deficit, no change in our daily lives. iuts just a number. my life was no better with the large surplus then it is right now, and wont be if the vale of the dollar goes up or down either. in my town a dollar is a dollar no matter what a euro is.

WTO says "not so fast there dudes" ...

This will be a good test of what bush and his brown-shirts know abourt winning on the world stage.

http://story.news.yahoo.com/news?tmpl=story&ncid=716&e=3&u=/ap/20041127/ap_on_bi_ge/us_trade_sanctions

ROTF

Dop

the left and their brown skirts still cant get over the fact they completly irrelevant in this country, see the posts made by dop, freethinker, overdose and echo2

But I thought FOX and CNN said this was going to be a blockbuster shopping holiday and that all modern records would be broken while americans shopped til they dropped? LOL...

Apparently no one told FOX that all the jobs are in India and if you don't have a job you don't have any money to spend. DUH!!!!

http://money.cnn.com/2004/11/27/news/fortune500/walmart.reut/index.htm

At least Walmart is smart enough to tell the truth -- it seems though you just can't lie to the stockholders... the truth always comes out.

ROTFLMAO

Dop

um, so wea re supposed to be all irate that they made a profit? so the forcast was off, they still improved. the libs are getting desperate big time. now its the end of america if the forcast is wrong. STFU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!1