you have some valid points, shipbldr....
let me preface this by saying to go into this in depth would fill an encyclopedia. ill touch on a few...
a big reason why there is more money than supply (or goods) is because of all the millions made by "dot com'ers." real estate "flipping." and anything else where real money is made without a tangible item produced. we buy our tangible items from companies overseas. were putting their people to work.
people to work, hmmmm. why do companies start factories in mexico? because they dont wanna pay the highway robbery tax system we now have here and we dont want to pay for products at a price where a union labor force is making 30 dollars an hour to assemble electronic boards.
hence, slowly but surely our country is falling into 2 categories, highly paid, very specialized labor, and lower skilled manual laborers. the middle class is shrinking. it now takes 2 salaries to maintain the lifestyle americans were accustomed to years ago on 1 salary. where is much of that second salary going? to day cares and retirement funds and many other things where no tangible product is produced. or at least not produced in this country.
we could go on and on....its very complex and very global.
as far as the chinese, without going into the politics of "diversity training" too much, just keep in mind how huge they are and how very, very, different their ideas are on human rights issues. they are a huge military power, what happens if and when they ever become a huge economic power?
on the bright side, very very seldom are wars fought between countries that make money off each other.
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