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      09-23-2007, 07:51 AM   #23
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Drives: E30 M3; Expedition
Join Date: Apr 2007
Location: USA

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Originally Posted by GregW / Oregon View Post
Not only government spending counts, all our spending. Every time we by a Chinese or German product we are tipping the trade deficit, which has a real impact on the value of the dollar. I'm not going to quit buying Euopean items, but I sure try to limit my buying of Chinese ones (getting harder all the time).

This is what brings your Walmart goods from China (1,302 ft.x 207. ft., 110,000 hp, 31 kt, Net cargo - 123,200 tons capacity - 15,000 TEU {1 TEU = 20 ft3 container}):
When it comes to buying Chinese products, I believe the counterpoint is that by freeing ourselves of the manufacturing burden, we can focus on higher margin tasks such as design, management, and emerging technologies, and sell the outcome of those back to China. My understanding is that it is not playing out that way though.