On Fri, 26 Nov 2004 08:46:35 +1300, "Adam Whyte-Settlar"
<grawillers@hotmail.com> wrote:

>
>"MacHamish" <russj41@concentric.net> wrote in message
>news:8g3cq0tpbp3sfi3iackt4pophbmhpa6ua7@4ax.com...
>> On Thu, 25 Nov 2004 16:36:04 GMT, Vernon North <verno@oyama.bc.ca> wrote:
>>
>.
>> >> Lets hope for American's sakes that the central Asian banks continue to
>> >> bankroll the US .
>
>> >Meanwhile US (and other) consumers are busily financing China's future
>> >as a superpower.  Not too smart.
>>
>> On the contrary, it's very smart.   We're showing them the way .
>
>LOL!
>I don't think the US is 'showing' them anything along those lines these
>days.
>What on earth could they possibly learn from you?!
>The Chinese government just two days ago publicly criticised the
>irresponsibility of the US economic policies whilst their own economy has
>been expanding at about 9% a year for a decade now.
>This action is almost unprecedented (according to NZ radio) and reflects the
>International community's growing alarm at the mismanagement of the the US
>economy.
>
>We're
>> also opening up an enormous new market for our own products and services.
>
>You wish. You obviously don't understand the Chinese.
>Not that I do either, but I know enough to realise that you have in fact
>opened up an enormous market for their products whilst they are not buying
>very much at all from you and are unlikely to do so in the near future.
>
>> The decline of the US dollar is a necessary precursor to making our
>products
>> more competitively priced in the global economy, including China.
>
>Double edged sword.
>
>A W-S
>
And total bullshit as well. The US dollar is declining because of
financial mismanagement, not because clever George Wanker Bush is
planning to sell low-cost iPods to the slanty-eyed Chinee.


Michil