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The US has zero negotiating power with China in terms of currency float. That was seen very clearly last week in DC. the Chinese are our bankers, loaning us $ needed to both keep our economy going, buy cheap junk at WalMart and fight the War in Iraq with negative ROI on $ spent. Anyone have children will pay dearly for this war down the road.
China launched it's first satellite two weeks ago that was both Chinese made AND Chinese launched. Nigeria bought it. In an interview on why Nigeria went with China over US and/or EU? One word by the Nigerian president: PRICE.
U.S. manufacturing, at all levels is going or gone and will never come back. get used to it.
Want to see the real power of China? Wait for mid 09 when the Democrats take the presidency, keep Congress and raise tariffs on China. They will be crushed in response.
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Tru6 Restoration & Design
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