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Meet Your New Neighbors/Employers - The Chinese

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The one advantage that we have is that we still produce some things in greater quantities than China or India. While most cheap, simple consumer goods are made in these nations, America still has  a fairly healthy export market of higher-end more complex goods. Not to mention that even if things aren't manufactured here, a lot of the companies are still American.

The main advantage we have is that while we have far fewer manufacturing jobs, we still have a higher overall industrial output than many of these nations where cheap labor rules supreme. Our use of robots, and fully automated assembly lines, and things of that nature mean that we can have greater output with fewer people, which is inevitably far cheaper than low-skilled labor, since robots do not get tired, and their productivity won't decrease due to fatigue, not to mention it leads us to have a more consistent product quality wise.

The other issue is that foreign markets are becoming less desireable for manufacturing. With rising fuel and transportation costs, as well as the wages of Chinese workers increasing somewhere around 17% yearly (or some other crazy high number) they are losing their competitve edge, and, since land is cheaper here, and (perhaps surprisingly) there is far less political corruption and red tape than in Communist China, the costs of opening factories here is less.

As for the selling of natural resources, that's sort of what all of trade is predicated on. If we didn't trade natural resources, then there would be no trade. People who have access to one resource always trade it to those who lack it. For instance, there was a huge demand in Rome for Chinese silk (Hence why the secret of silk production was a state secret for so long.)

The tides could turn in our favor, so long as we manage to loosen governmental restrictions which could eliminate our competitive edge in the global economy. Let business operate as it will, politicians who have no experience in business shouldn't be writing laws which harm a business's ability to operate effectively.

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I have noticed a lot of chinese buying homes in our area, really weird they do not stay long they come and go it is like they do not even live their..but they own the property..

 

Could simply be buying them to rent out, or they could be flipping them for a profit.

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Zen fascists will control you
100% natural
You will jog for the master race
And always wear the happy face

Close your eyes, can't happen here
Big Bro' on white horse is near
The hippies won't come back you say
Mellow out or you will pay

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The weird thing is most foreign investment happens at the top of the market. As far as our national debt is concerned our dollar will collapse in a few years and the billions/trillions we owe will be about the cost of a slice of bread. Debt is not indexed to inflation which is the reason the Chinese are buying real estate and what not. Its not a matter of if but when. Most countries in the world are trying to make arrangement to trade in there own currency now instead of the dollar. In times past this would be big big news but since only a few people control the media now it does not get reported. Watch the correlation between gold and the dollars strength it will tell you allot .

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