9 replies to this topic

[Anonymouse]

Beijing's Secret War On America -
How China Expects To Win
www.agora-inc.com
3-6-4


"The first rule of unrestricted warfare is that there are no rules, with nothing forbidden."

- Col. Qiao Liang & Col. Wang Xiangsui China's People's Liberation Army, and
co-authors of 'Unrestricted Warfare'.

Has there ever been a rising power, in the pages of history, that has picked up economic momentum... packed on military might... and then decided not to flex it's muscles? The answer, as you well know, is that there hasn't. Power is power. The nations that have it chomp at the bit to use it. Which is exactly what China is doing now. But you don't have to take my word for it.

Roger W. Robinson Jr -- head of the U.S.-China Economic and Security Review Commission -- gave this testimony to the U.S. House of Representatives back in October 2003. He laid out the Chinese blueprint for undermining the U.S. economy:

First, they devalue their currency by as much as 40%

Then they issue tariffs on foreign goods

They cut foreign firms off from local marketing channels

They chaperone and handpick partners for international joint ventures

They give preferential loans to their own factories from state banks

Chinese companies get privileged listing on the Chinese stock market

Chinese companies get special tax breaks not available to foreigners

This assault on the American economy is already well under way. Whether they'll succeed or not we don't yet know. But for a long time to come, you'll need to protect yourself and your money. But you can also profit -- by as much as 794% or more. Click the "Subscribe Now" button below to send for your FREE set of the STRATEGIC PROFITS PROTECTION LIBRARY.

Look, by now you might be wondering if I've got some sort of personal vendetta against China. No! That's not the case at all.

I've got nothing against China or the Chinese. In fact, I'm making plans right now to go there and all around the rest of Asia do research on the massive investment opportunities already under way.

China has an unbelievable history. They have lots of culture. Three thousand years ago, they were building palaces... while my ancestors were making mud patties on the English moors. So no, I'm under no delusions about the greatness China is capable of.

But that doesn't change the rest of the facts I'm about to show you.

When I show them to you, I'm confident you'll come to the same conclusions I have. You'll see instantly that what's quietly unraveling the fabric of the American economy... the exploding deficits, the massive trade gap, the joblessness, and even some secret aspects of the war on terrorism... is not only no accident, but it can all be traced back to, shockingly enough, Beijing.

Here's the "real" truth: Without a doubt, China's military government has actually masterminded adeliberate assault on the American way of life. I'm going to show you how they've done it.
It's a war. Not with tanks or missiles.

Not with jets, bullets, or guns. Or hand grenades.

The "combatants" in this battle wear business suits. They hit you with handshakes, contracts, and smiles. But d on't be fooled. This is war without rules. In the words of one of their own military officers, "nothing is forbidden." Without drawing a drop of blood, Beijing fully expects to win... and here's how they plan to do it:
Guerilla Economics!

Step back for a second. And remember...

When we talk about modern China, we're not talking about a democracy. We're talking about a military dictatorship. Even now, in 2004. This is the way they do business.
I'm calling it "guerilla economics."

The goal is to destroy the competition. And at the same time... create a guaranteed money-making environment for China's own entrepreneurs. Is it working.

For China, absolutely...

Ding Lei is 32 years old. He's also the richest man in China. His NetEase.com outfit didn't crank out a nickel of profit until 2003. But his stock is up 50-fold thanks to ecstatic American investors, and Ding is now personally worth $900 million!

Chen Tianqiao is just 30. In 1999, he ran a cartoon Web site. Now he runs Shanda Networking, an online gaming business out of Shanghai. New York venture capitalists helped him get started. Now he's personally worth $480 million.

Larry Rong's dad is Rong Yiren, founder of CITIC. CITIC is the biggest company in China and a magnet for U.S. investment dollars. Larry is personally worth $850 million. His family is worth closer to $2 billion.
The military government of China has their hands deep in the pie too. Take China's biggest TV and cell phone maker, TCL Corp. It's state owned. Last year they exported 3.83 million TVs. They expect to ship 5 million more!
"All Beijing has to do is to mention the possibility of a sell order going down the wires. It would devastate the U.S. economy more than any nuclear strike."

Asia Times, Jan. 23, 2004

The top 100 richest people in China now have an average wealth of $230 million. Another 10,000 or so more Chinese are worth at least $10 million so far. And that's up from zero millionaires in China as recently as 1979.
Of course, most of the companies listed on the Shanghai exchange are still state-owned. The top 14 Chinese car-makers are state owned -- with bloated bureaucratic budgets. But that doesn't matter -- in 2003, U.S. investors poured millions and millions of dollars into China Brilliance Automotive shares -- and it's stock shot up 232%!
For all appearances, it looks like China has cracked the code of Western capitalism.

Three years ago, for instance, China didn't manufacture a single laptop. NOW they make 40% of all laptops sold worldwide! They're also ranked as the world's biggest maker of computer hardware... consumer electronics... even steel (remember when that used to be Pittsburgh?).

China cranks out 38% of the world's cell phones. And half of the world's shoes. Plus most of the wooden furniture, video games, and televisions in the United States.

But guess what happens when you take a look at the other side of the coin...

Is This the End of the American Miracle?

We're feeling the China boom right here at home, too.

But somehow it's not the same...

Here in the United States, American Metal Ware had made nearly 2.5 million pots in their Wisconsin factory... before they had to shut it down. Chinese manufactures stole the design and cran ked out copies at half the price. To compete, Metal Ware had to move over to China.

Levi's were the all-American brand. They once had 63 U.S. plants. They just closed the last two and fired all the workers. Levi's will be made in China now.

Walt Disney was an all-American success story. But Disney's "Winnie the Pooh" dolls are made not here, but in the same place as Dr. Scholl's sandals and Foster Grant Sunglasses -- China.

How about Wilson tennis balls or Black & Decker drills? Silk flowers, sneakers, wood furniture, and hand-held "Game Boy" video games? All sold here, but all manufactured in... China.

A mind-blowing 80% of all the toys, bikes, and Christmas tree ornaments sold in the Unites States came from China. Along with 90% of the sporting goods and 95% of the shoes.

Motorola spent over $1 billion moving operations from the US to China. Thousands lost their jobs -- replaced by 10,000 Chinese workers in four new plants on the coast of the Yellow Sea.

Look, there's nothing wrong with making money. And you can't fault anybody for just doing business and looking out for their own best interests. But at what cost? And whose expense?

A New Hampshire radio show made a public dare:

"Take $400 an hour at Wal-Mart. Buy as many 'Made In America' goods as you can."
Two listeners took the challenge.

An hour later, they hit the checkout line with a basketful of 40 items. Guess how many actually were made in America? Just 10.

It's no wonder. Sam Walton, Wal-Mart's founder, wrote an autobiography called "Made In America." But today, Wal-Mart alone imports a mind-blowing $12 billion of goods from China every year...

That's more than China's trade with either Russia or the United Kingdom! How did this happen?
Beijing's Ugly SECRET #1: "Crush the Competition With Slave Labor !"

Chinese workers average 61¢ an hour. US factory workers average $16 an hour. In other words, US workers make more in two weeks than most Chinese laborers make in a whole year!

Nobody outside of China can compete with that.

"We are beholden to the Chinese by our Treasuries. That worries me."

Carla Hills, Former U.S. trade representative

China gets an endless supply of labor for just pennies. And there's a waiting list nearly 200 million people long to take over those jobs when the current workers drop from exhaustion (they work 12 hour days, 7 days a week).
Moral or not, Beijing's slave-labor strategy does exactly what they hoped it would...

It's sucked the life out of America's more costly industrial complex!

Just check out the numbers: Over 450 U.S. companies are based in China. That's more than 10 times the number of U.S. companies there in 1990. They've got combined annual sales of $23 billion. And more than 250,000 employees. In fact, U.S. investment in China is now a record $33 billion a year!

Meanwhile...

Nearly 2,250 American manufacturing jobs here in the Unites States have disappeared... every single day! That's a not something new... it's been the trend day in and day out, over and over again... for 40 months straight!
What are the Chinese up to? They learned this trick from the Americans. Especially mega-rich superstars like Andrew Carnegie, John Rockefeller, and J. Pierpont Morgan.

It's the genius strategy of any savvy monopoly maker: First, move in and CRUSH the competition with cutthroat pricing. Then... take away his business and leave him high and dry!
Thanks to slave labor, Chinese companies can crush U.S. competition with lots of cheap goods that USED to be made right here in America. In exchange, they not only get our purchases... they get our companies, when they're forced to pack up and move over to China so they can take advantage of the same cheap labor strategy.
What's more, China also gets to send a whole new kind of export to America... Chinese STOCKS! And in return for that, they get billions more in investment capital. Straight from the trading accounts of private U.S. investors. Imagine.

We're literally paying Beijing to "rip the heart" out of the U.S. heartland!
But it gets even better. Because that's only the FIRST dirty strategy engineered and overseen by Beijing. Here's the second...
Beijing's Dirty SECRET #2:"Bait the Trap With Treasury Notes!"

Another fallout from Beijing's supercheap labor strategy is America's massive trade deficit with China. It just keeps exploding.

As you can see in this chart, it's already passed a gap of over $120 billion. That means we actually BUY $120 billion more in goods from China than we manage to SELL to them. A household can't get rich... or stay rich... if it spends more than it takes in. Neither can a nation.

Yet, no matter what we try to do to stop the gap from growing... weaken our dollars, create trade tariffs, perfect production and slash costs... America just can't keep up.

The trade deficit is now exploding $1.5 billion per day. Putting that in perspective... that means we spend an additional $1 million on Chinese products... every single passing minute!

But that's not the worst part. Guess what China is doing with all that money?

First, the money we send China gets reinvested in the PLA, China's massive military. (New reports say China has just built low-profile military bases on several disputed reefs in the Philippines!).

Second, it goes back into funding more huge Chinese factories. With 200 million Chinese looking for jobs, China needs to build places for them to work! It also needs to buy HUGE stockpiles of raw resources to keep the factories running.

Third, and most dangerous of all, the Chinese government uses a lot of their extra exporting income... to pile up an absolutely SICK number of U.S. Treasury bonds!

That's right. China spends nearly $7.8 million an hour... or $187 million a day... snapping up US Treasuries and dollars. The movers and shakers in China now hold the U.S. hostage to over $120 billion in Treasuries!
Now ask yourself:

If it's obvious that U.S. interest rates have nowhere to go but up... if it's obvious the U.S. dollar has nowhere to go but down... and if it's obvious that Washington right now is literally spending America into oblivion...
Why would the Chinese government sock so much faith in U.S. treasuries?
Simple. It's not a vote in America's future at all. Instead, it's Beijing's way of backing America into a corner! Think about it.

The Feb. 5, 2004 Wall Street Journal has already reported that other Asian countries -- who altogether with China and Japan included -- hold an eye-popping $1.9 TRILLIONin U.S. foreign reserves -- are starting to dump U.S. debt.
Korea and Thailand dumping is one thing. But when a massive holder like China stops buying U.S. debt and starts dumping, it's a much, MUCH bigger deal. Pressure on U.S. bond yields will skyrocket. Other foreign investors will run from dollar-priced securities in a panic. Long interest-rates will jump. And U.S. consumers, businesses, and investors will get crushed in the jaws of a very powerful "Treasury Trap"!

It won't take more than a whisper - "sell." And that's your signal. I promised earlier to show you how to protect yourself from exactly this kind of disaster. And that's precisely what you'll discover in your FREE e-mail report "Total Profit Protection From the Coming China Crisis! "

But before we dig into all that, let me share with you just one more piece of this sinister puzzle...
Beijing's Dangerous Strategy #3:"Lock the U.S. Dollar in a Death Struggle"

To finance all its foreign debt, the United States has to spend a breathtaking $55 million per hour... or $1.3 billion per day... just to keep enough liquidity in the system to cover overseas interest-payment obligations.

Washington treats the Federal Reserve like a money machine: Walk up, punch the buttons on the printing press, and out comes the cash!< P>Why? Because the more dollars there are, the less they're worth. And the less they're worth, the easier it is to cover those interest obligations without wincing.

"America's growing reliance on high quality, low-price Chinese imports eventually might undermine the U.S. defense industrial base."

US-China Security Review Commission Report

Trouble is, no government -- not even one as large as America's -- can keep up with that kind of program. Especially when you're overextended on your own personal spending budget by nearly half a trillion (with a "t") dollars!

So just by holding U.S. Treasures, Beijing already has us trapped.

But they haven't stopped there.

China has ALSO hoarded piles and piles of ever-cheaper U.S ..dollars. They've now got more than $310 billion in U.S .dollar reserves! Again, you have to ask:

If U.S. dollars are backed by an overextended federal government... and if other major governments worldwide are already talking about switching reserves to gold and euros... if America's money isn't worth the paper it's printed on...

Why would China want to keep so much of their newfound wealth in the U.S. dollar, a currency that's already down more than 50% since October 2000?

Again, it's simple.

Since 1995, the Chinese currency -- the yuan -- has been pegged to the dollar at the weak exchange rate of 8.28 to the dollar. No matter how low the dollar goes, the yuan goes with it.

So no matter how low the dollar goes... it's virtually impossible to close any currency-related trading gap we've got with China! It's like seeing how long two enemies can hold their breath under water.
Whoever can w ithstand having a dirt-cheap currency the longest wins. But so far, judging just by the trading deficit, it looks like China is winning. And the U.S. is running out of options.

Could a stronger dollar shake loose the yuan's death grip?

Not at all. This is how the sinister yuan strategy works. If the dollar rises, the yuan rises in lock step. If the dollar drops, so does the yuan. China's trading advantage never disappears... but we risk popping our own real estate bubble, slashing trade with Europe, and knocking the legs out from under stocks and bonds.

Meanwhile, China still has $310 billion in dollar reserves... which it can trade for euros or gold at any time... and use to throw the dollar into a final death spiral.

When Beijing starts dumping, what follows could be worse for dollars than anything since Nixon broke with Bretton Woods in the 1970s.

Your FREE copy of "Total Profit Protection From the Coming China Crisis!" will also show you to protect yourself against this inevitable dollar collapse... with a strategies that can turnsevery $1,000 invested into as much as $78,400 or more. But first...

Still wondering how or why all of this could have been a planned economic attack... rather than just an accident of free-market capitalism? Still think all this is a coincidence?

That's ok.

But before you make up your mind to the contrary, you'd better read this.. click here to continue .
http://www.agora-inc...s/DRI/china324/

[Armat]

American corp. greed is responsible for sending thousands of jobs overseas! The idiots are we not the provider. My brother's business suffered tremendously last ten years because of Chinese and Indian cheap labor and frankly I also blame the US stupidity of not having any long-term goals.
Chinese are genius planning for a long term gain whereas in US the corp. are only looking to survive the next quarter.
I admire Chinese for their creativity and hard work but frankly it is scary when confronted with almost a billion population country with an endless cheap labor force.
It is also ironic that when I take my kids to Chess tournaments the Chinese kids make up 25% another25% Indian 30% Jews and the rest Armenian, white, black other.
Sadly I am yet to see one spanish speaking kid in these tournments.

Edited by Armat, 07 March 2004 - 10:04 AM.

[Azat]

While by in large I am for free trade and all that I also see how Globalization and NAFTA and other trade agreements have failed both the US and the poor countries that they were suppose to help. There are more people below the poverty line today then there were 10 years ago both in Mexico(was suppose to be the biggest beneficiary of NAFTA) and the US. BTW last Tue or Wed LA times had an article on NAFTA that talked about the sum of 900,000 jobs being lost in the US because of NAFTA.(states were from Economic Policy Institute in DC)(I think)

The US government needs to reward companies for job creation in the states. Today they get all kind of tax breaks for all kinds of crazy things, but never one for creating jobs.

The industry that I am in has been one of the industries that has been hit hard by both the Internet bubble, slow economy and globalization, yet overall I feel that globalization in the long run is going to be okay even for our industry. have wages come down? Sure. Has the quality of workplace come down in the last few years, absolutely, so have benefits and job security and many other things, but for sure overall the US population is benefiting from that with cheaper goods and service.

[Anonymouse]

American corp. greed is responsible for sending thousands of jobs overseas! The idiots are we not the provider. My brother's business suffered tremendously last ten years because of Chinese and Indian cheap labor and frankly I also blame the US stupidity of not having any long-term goals.
Chinese are genius planning for a long term gain whereas in US the corp. are only looking to survive the next quarter.
I admire Chinese for their creativity and hard work but frankly it is scary when confronted with almost a billion population country with an endless cheap labor force.
It is also ironic that when I take my kids to Chess tournaments the Chinese kids make up 25% another25% Indian 30% Jews and the rest Armenian, white, black other.
Sadly I am yet to see one spanish speaking kid in these tournments.

It's not the fault of anyone except the U.S. government regulation of the market, by creating laws, regulations, things as "minimum wage". It is these regulations that eventaully prevent companies here from remaining.

[Anonymouse]

While by in large I am for free trade and all that I also see how Globalization and NAFTA and other trade agreements have failed both the US and the poor countries that they were suppose to help. There are more people below the poverty line today then there were 10 years ago both in Mexico(was suppose to be the biggest beneficiary of NAFTA) and the US. BTW last Tue or Wed LA times had an article on NAFTA that talked about the sum of 900,000 jobs being lost in the US because of NAFTA.(states were from Economic Policy Institute in DC)(I think)

The US government needs to reward companies for job creation in the states. Today they get all kind of tax breaks for all kinds of crazy things, but never one for creating jobs.

The industry that I am in has been one of the industries that has been hit hard by both the Internet bubble, slow economy and globalization, yet overall I feel that globalization in the long run is going to be okay even for our industry. have wages come down? Sure. Has the quality of workplace come down in the last few years, absolutely, so have benefits and job security and many other things, but for sure overall the US population is benefiting from that with cheaper goods and service.

"Globalization" is silly. China doesn't care for that. What's to stop China in 10 years to, say, nationalize all these corporations and manufacturing? The U.S. is in a transition from a manufacturing based country to a service based economy. If everyone lived happy together on planet earth, this may sound fine, but it's not. This doesn't bode too well for the U.S.

[GuitARA]

And let's not forget about the 100 k or more troops that will be returning to look for some kind of employment.


It's not gonna look pretty in the coming years ...

[Nikephoros_Phokas]

That article was just garbage, I am regretful I wasted my time to read it.

First off, the work he was talking about Unrestricted Warfare is available on the web in its entirety and a while back, in 2002, I put it on my Palmpilot and read this work. Anyone who has read that work will get the impression that the authors who are in the People's Liberation Army[PLA] are in awe of the American military and are trying to mimick it. They give examples of what unrestricted warfare is using America actions, such as international sanctions saying that Washington is the master of unrestricted warfare but they can be outdone; Qiao Liang and Wang Xiangsui feel that the concept can be expanded and that China's military should expand this due to their disadvantages compared to the United States military in technology. If it is not clear enough, mentioning even "Unrestricted Warfare" in this tabloid like article was done to mislead ignorant people about some kind of Chinese economic aggression that is not present, because in this work they mention that in the concept of unrestricted warfare China is behind the United States. When America gives economic aid to these countries it is not out of good will, and when they act of the United States's interests this aid will be stopped. It is like being dependant on crack, many will steal to continue this bad habit instead of stopping for their own good. Countries dependant on the American loans, will most likely rather continue to be a political appenage of the United States, rather than act out of accord with America's foreign policy and lose the loans they are dependent on. Washington can use such clout to make and enforce sanctions against nations like Iraq and use its great global influence to prevent most nations from selling Iraq weapons, this is what is meant by unrestricted warfare.

Of course the United States is losing manufacturing jobs and this has nothing to do with any kind of warfare but everything to do with corporate greed and the concept of purchasing power parity. There was a time especially before World War II when the advanced capitalist countries, many would be poor in natural resources but make up for this through manufacturing. Today this era is gone and now the advanced capitalist nations are moving to an era where they neither do much manufacturing nor do many of them have significant natural resources. Back in the pre World War II era a nation such as the United State moving as many manufacturing plants as it is today to China would be considered something similar to treason, but now it is done without a second thought. If any of you are familiar with the concept of purchasing power parity, it is comparing the prices of the same goods in different nations. A carbonated beverage like Coke will be much cheaper in China made by Chinese labor than Coke made in the United States. This concept is why American laborers cannot really compete with Chinese laborers for manufacturing jobs so greedy American capitalists are moving these factories to China so they can get even richer than they are, this has nothing to do with any economic warfare by the Chinese, that is just scare mongering.

Your FREE copy of "Total Profit Protection From the Coming China Crisis!" will also show you to protect yourself against this inevitable dollar collapse... with a strategies that can turnsevery $1,000 invested into as much as $78,400 or more. But first...

This is article is some kind of scam. If the copy is really free it would be on the internet freely available like this trash article that was copy and pasted into this thread.

It's not the fault of anyone except the U.S. government regulation of the market, by creating laws, regulations, things as "minimum wage". It is these regulations that eventaully prevent companies here from remaining.

As for Anonymouse's typical malthusian comments from an "anarcho"-capitalist(sic), I just do not know what to say. How can you be such a blind fanatic? Where I live in New Jersey minumum wage is pitiful, I believe it is around five dollars and forty something cents an hour. How can you be so fanatic, to say it is the fault of minumum wage that these jobs are lost to China? No American unskilled laborer in a job that cannot be exported can compete with his Chinese counterpart on price because to live in the United States costs alot more than in China, so American workers have to get paid more than the Chinese. I do not know how people who make minumum wage manage to live on their meager incomes, the last thing needed to is to remove minimum wage. The problem is that rich capitalists in their search for more profits are gonna move labor that can be moved to nations such as China where the cost of living and thus expected wages are much lower.

Edited by Nikephoros_Phokas, 08 March 2004 - 06:58 PM.

[Anonymouse]

As for Anonymouse's typical malthusian comments from an "anarcho"-capitalist(sic), I just do not know what to say. How can you be such a blind fanatic? Where I live in New Jersey minumum wage is pitiful, I believe it is around five dollars and forty something cents an hour. How can you be so fanatic, to say it is the fault of minumum wage that these jobs are lost to China? No American unskilled laborer in a job that cannot be exported can compete with his Chinese counterpart on price because to live in the United States costs alot more than in China, so American workers have to get paid more than the Chinese. I do not know how people who make minumum wage manage to live on their meager incomes, the last thing needed to is to remove minimum wage. The problem is that rich capitalists in their search for more profits are gonna move labor that can be moved to nations such as China where the cost of living and thus expected wages are much lower.

I was expecting Phokas Pocus to join soon and alas he did. Your comment on the article is hardly worth anything, maybe if someone wanted to improve English they can read it, but otherwise, you display your lack of knowledge regarding economics, and hence from this flows your inability to grasp the subject at hand.

As far as your assertion on me being a "Malthusian" that is just assumption for you don't know me, nor anything about me, and I am anything but a Malthusian. "Capitalism" is misleading, it itself is already anarchic. Moreover you do not understand Mises' contribution in that man naturally acts and all economic truths are deduced from this praxaeological fact. I'm not a fanatic, Mr. Focus, au contraire your constant bashing of any article or viewpoint not of your persuasion is enough grounds to show that you are a fanatic.

You keep stating no American can compete with Chinese, yet you do not know the fundamentals of why that is so. Why is it that American jobs cannot stay here? Why must they leave? Does it have anything to do with the States regulation of the economy, of the minimum wage, fixing rents and prices, etc.? You state the problem then due to your lack of knowledge go on to say that minimum wage should not be repealed. Not only should minimum wage be repealed, but so should the Federal Reserve, as well as the IRS.

[Nikephoros_Phokas]

It is obvious how you have managed to amass so many posts in such a short duration, lack of substance. I do not really adhere to any ideology and I never adhere to any ideology over pragmatism, unlike some fanatic to the ideology of anarcho-capitalism making some ignorant implications about minimum wage laws as to why so many companies are exporting jobs to China. You are so fanatic in your ideology you are saying that people in the United States should work for less than five dollars an hour. I do not know about you, but I do not know how one will live on such a meager salary, perhaps you can try making an arrangenment with a wealthy factory owner to work for less than minumum wage so the damn Hans do not take jobs to the Ming dynasty, then you could tell us how easy it is paying for food, housing, clothes, etc. on less than minimum wage. When you say that capitalism is inherently "anarchic"(sic: the word is anarchistic) what should I say? There is nothing I can say to you because you are taking as an a prior assumption the fact that capitalism as you said in other threads is voluntarily when it is so obvious it is not.

Unlike you I have actually commented on the article, instead of making personal attacks, dragging the debate in other directions, and other unsavory tactics. I read that work he cited and I can tell you he is citing it to scare people, because those PLA authors made it clear that their military was very much behind the United States, and behind as well in unrestricted warfare and the resources to fight such war, the only way China could gain an advantage they made clear is to try to expand this concept and make it broader than the Pentagon's concept of unrestricted warfare. The insinuation that China is making any American company move to China is pure bunk. They are doing this for more profits. I have never said an American worker cannot compete with a Chinese, but I have said and will again for you since you need to here it again: no unskilled American worker can compete with an unskilled Chinese worker on price. This is why these unskilled factory jobs are being moved to China, not due to the People's Liberation Army master plan. The article you linked to was a scam, if "Total Profit Protection From the Coming China Crisis!" was really free, it would be on the web like the article you copy and pasted. Now if you have any substance(which I doubt), reply, but I fear you will reply anyway as is your custom.

[Anonymouse]

It is obvious how you have managed to amass so many posts in such a short duration, lack of substance. I do not really adhere to any ideology and I never adhere to any ideology over pragmatism, unlike some fanatic to the ideology of anarcho-capitalism making some ignorant implications about minimum wage laws as to why so many companies are exporting jobs to China. You are so fanatic in your ideology you are saying that people in the United States should work for less than five dollars an hour. I do not know about you, but I do not know how one will live on such a meager salary, perhaps you can try making an arrangenment with a wealthy factory owner to work for less than minumum wage so the damn Hans do not take jobs to the Ming dynasty, then you could tell us how easy it is paying for food, housing, clothes, etc. on less than minimum wage. When you say that capitalism is inherently "anarchic"(sic: the word is anarchistic) what should I say? There is nothing I can say to you because you are taking as an a prior assumption the fact that capitalism as you said in other threads is voluntarily when it is so obvious it is not.

First of all, I am not a fanatic of "anarcho capitalism". I have already mentioned the absurdity of such a name. I am an adherent of the Austrian school of economic thought. If you want to call that "anarcho capitalism" by all means, go ahead. The word is "anarchic" not "anarchistic", Mr. Focus, the initial referring to no control. As for your assertion on why jobs are leaving, it's not that the same TV's or shoes that are made in China cannot be made here, it's that they can be made at a cheaper price over there, and the entreperneurs will profit more. All the limitations in this country are what account for the stasis in the economy and why businesses will not remain, because a free market cannot function under rules and regulations, precisely why socialistic systems fail and why Mises back in the day, predicted the Soviet Union, i.e. Socialism, would fall. When the free market is not naturally allowed to express itself, the consequences are you are witnessing. China, Malaysia, Korea, and all those other countries are finding themselves where the United States in the beginning of the 20th century. Now the United States is moving toward a service based economy, and the manufacturing is heading toward the other part of the world. Let's not confuse "Capitalism" with what is known as "free enterprise" or "free market". Technically a Soviet weapons producer can be a "Capitalist". Unless you can prove that the free market functions on the basis of coercion, there is no reason to assume that it is not voluntary. On the contrary, it is a common charge of socialists and Marxists to try to allege "it is exploitative" in in fact it is not, and the idea of the market is as old as civilization itself, when upon the founding of the city, people traded.

Unlike you I have actually commented on the article, instead of making personal attacks, dragging the debate in other directions, and other unsavory tactics. I read that work he cited and I can tell you he is citing it to scare people, because those PLA authors made it clear that their military was very much behind the United States, and behind as well in unrestricted warfare and the resources to fight such war, the only way China could gain an advantage they made clear is to try to expand this concept and make it broader than the Pentagon's concept of unrestricted warfare. The insinuation that China is making any American company move to China is pure bunk. They are doing this for more profits. I have never said an American worker cannot compete with a Chinese, but I have said and will again for you since you need to here it again: no unskilled American worker can compete with an unskilled Chinese worker on price. This is why these unskilled factory jobs are being moved to China, not due to the People's Liberation Army master plan. The article you linked to was a scam, if  "Total Profit Protection From the Coming China Crisis!" was really free, it would be on the web like the article you copy and pasted. Now if you have any substance(which I doubt), reply, but I fear you will reply anyway as is your custom.

The insinuation that China is intentionally making American companies and capital move to China is not bunk and as the article pointed out, is a lucid observation. China is the fastest growing capitalist economy in the world, and by 2010 it will rival that of the U.S. It would be wise for you to understand that we are in an inflationary depression, in this country. I still don't see your hang up with this "if its free it would be on the web". That is a moot point. I don't see how you take validity away from the article by simply brushing it off because it doesn't agree with your preconceived views.