Quote:
Originally posted by Mmmm, Burger (C.J.)
Cheaper prices are generally a good thing--do you think China's going to wait 20 years and then spring the trap, and jack up prices?
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As long as they are working on building a viable economy, and as long as its citizenry seldom buys imports, this is a very good thing for them. Granted, what it does have to import ends up expensive, but they minimize that, and plow everything into productive infrastructure using our dollars. It's an investment model of building - the people go without american blue jeans and BMWs now, but their factories and farms expand and modernize. In twenty years, they'll be the next Japan, Inc.