Trade Deficits with China and the Balance of Money Flows
By: Lance Winslow
There are trade deficits that are mounting in China and there are issues to be addressed in that arena. But all this in China is a planned event and you have competing money interests of Entrepreneurial Capitalists looking to manipulate US politics too. The game is being played at multiple levels here. Everyone needs to get what they want or it is a power struggle to take it and they will if they have too.
China has a thirst for everything that a 1.3 Billion population country would need. The real money to be made in china is not the current money flows, it will be when they set up their bond markets, get World inflows, infrastructure and give out 1 billion credit cards and create economically enslaved mass consumerism. We in the United States do indeed stand to gain from that too as it is simply a pendulum swing and money flowing thru the next ring.
Will we get the balance we need? Yes, but most likely not in the short term, this is a long term play and it is that way for some very good economic reasons too. The flow of information, trade, money, power, wealth, pollution, people is all in play; it always has been and it always will be. I say streamline the flows, expand the pie, everyone wins including the little guy.
By Lance Winslow