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Really?
Services?
Really?
Don't forget Intellectual Property...
That's why the US is currently very aggressive pushing ACTA, a DMCA-like legislation for the rest of the world.
Even going green, the US can't compete even with high tech manufactured stuff from China.
"Four Democratic senators on Wednesday implored the Obama administration to stop spending federal stimulus dollars on renewable energy projects whenever the bulk of solar cell and wind turbine manufacturing is done overseas."
http://www.chron.com/disp/story.mpl/...s/6896149.html
Of course, the "free market" always produces the ideal, perfect solution to everything.
Prime mortgages going bust at an alarming rate
"fixed-rate mortgages held by the safest borrowers accounted for nearly 37 percent of new foreclosures during the first three months of this year, the Mortgage Bankers Association reported Wednesday.
Additionally, more than one in 10 homeowners were behind on their mortgage payments in the first quarter — a record, the association said. That's up from 9.47 percent in the last three months of 2009.
Prime loans, those made to the safest borrowers with the highest credit scores, account for almost 66 percent of outstanding U.S. mortgages"
http://readersupportednews.org/off-s...-alarming-rate
You bring up a point that's always bugged me about, at least, China's contribution. Has China ever made anything that wasn't absolute, utter crap?
The recent brouhaha over Wal*Mart selling the cadnium laced jewely manufactured in China seems telling. Add in the drywall fiasco, the dog food and baby formula stories...how does anyone take China seriously as a manufacturing source? On a more intimate level, I've bought several project mics from China over the last couple of years. The level of assembly quality makes Soviet-era manufacturing look like top shelf.
(Oh, and Duff...this is an opinion.)
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