Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
#1
Jobs in the west
Just chucking this one out there, forget the political scoring.
I am interested in the views of all on this one.
can we continue on the path we are on trade and debt wise.??
Guest 698- Registered: 28 May 2010
- Posts: 8,664
#2
40 years ago we were asking the same about Japan.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#3
just a red kipper keith, china is actually having problems now with manufacturing, shortage of labour and high wage demands.
we have a company bringing their manufacturing to dover area from china.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
#4
True peter, but the borrowing to pay for it has reached falling over levels
PS. You need to see all the link before you comment . it's a bit long
Guest 698- Registered: 28 May 2010
- Posts: 8,664
#5
I watched until Navarro (an American) described China as a 'predatory nation'. Pot, kettle, black or what?
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
#6
Very true peter, the economist is mostly on about America
But is equally applied to all the west.
As an ex banker do you think we can continue borrowing for one way trade?
Guest 698- Registered: 28 May 2010
- Posts: 8,664
#7
The connection between gov borrowing and trade with China is a tad tenuous. Chinese industry produces the goods we want at a price we can afford. Their gov has surpluses which they invest partly in gilts. Not as simple a relationship as you propose.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson