nakedempire


The American Empire in a Changing World



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Saturday, June 18, 2011

Cheap Chinese Imports..........

from sfltimes..............


"Unsuspecting consumers across the United States are being bilked out of billions of dollars in an import explosion of sub-standard manufactured goods from the People's Republic of China that negates the fundamental economic principle of value for money.

The principal beneficiaries are Chinese mass-production factories with low-wage labor and big American corporations that buy cheap and sell at prodigious profits. Indeed, one of the more popular U.S. chain giants may be expecting this year to hit around $20 billion in imports from China, perhaps grossing twice as much from the eventual turnaround in its outlets spread across the country and abroad.

It may well be that the governments of the U.S.A. and China, big business and influential investors believe burgeoning trade to be the principal lubricant in tenuous U.S.-Sino relations and the best means of weaning domestic warmongers away from the possibility of a 21st century battlefield, which, given today's known and covert military capabilities, would have no borders"............... 

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