Wednesday, March 28, 2012

Dumping and

In these two news articles, the first we find the Canadians are concerned about Chinese dumping bicycles in their market.  If the Chinese are selling bicycles for less than they cost to make, Canadians should have the Chinese make Canadian designs and benefit the Canadian consumers as long as it lasts.

But what about the Canadian workers who make the bicycles?  With the extra profits, send the workers on sabbatical to enter or observe races, or go back to school, or otherwise repurpose while the boon from China continues.

The WTO tells us small businesses suffer most from exchange rate fluctuations.  That is exactly wrong.  Small Businesses, properly run, have no problem whatsoever. Here again, the WTO hasn't the slightest idea of what is involved in international trade.

Intelligence agencies are too obtuse to understand what is going on with copper, and other strategic metals.  Ostensibly, Chinese policy is to fund world trade in basic metals, etc, so Chinese specualtors would borrow overseas trade money, use it to import copper, stack it in Free Trade Zones in China, then use it as collateral to borrow money to finance real estate deals.  That is what everyone sees and agrees is happening.

Lemme see:  China has vast reserves of strategic metals.  China has entire cities built and waiting to be occupied if other cities get hit by nukes.  While welfare queen business types and NGO wastrels share their goofy analysis with intelligence agencies, no one can see the very obvious:  The Chinese are ready to win any war that might erupt.

This is another reason if we get the war with China we are provoking, we will also lose.  How about we quit the empire making?


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