China Ramping Up Their Protectionism....
http://abcnews.go.com/Business/wireStory?id=12908915&page=1
The more protectionism the better. For China that is.
Whatever it takes to keep foreigners out has been a winning strategy for China (and India). The only dumb azzes who don't get it are in the USA.
Our free trade has led to an 12 Trillion Dollar debt and 9% unemployment. Meanwhile China's protectionism has led to China to overtaking Japan as the second largest economy.
http://voices.washingtonpost.com/political-economy/2011/02/china_overtakes_japan_to_becom.html
Next up is the US economy. It is only a matter of time before the US is left in a cloud of dust. When that happens our idiot economists will still be insisting protectionism doesn't work.
The more protectionism the better. For China that is.
Whatever it takes to keep foreigners out has been a winning strategy for China (and India). The only dumb azzes who don't get it are in the USA.
Our free trade has led to an 12 Trillion Dollar debt and 9% unemployment. Meanwhile China's protectionism has led to China to overtaking Japan as the second largest economy.
http://voices.washingtonpost.com/political-economy/2011/02/china_overtakes_japan_to_becom.html
Next up is the US economy. It is only a matter of time before the US is left in a cloud of dust. When that happens our idiot economists will still be insisting protectionism doesn't work.
posted by res17 at
February 15, 2011
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