What to do about unfair competition from China?

Im not sure but patent drugs lose their protected status after what 10 years? The dc-9 is 50 years old? Id be more worried if they made an exact replica of a 787 (and sold it at walmart of course).
 
I want to BE that Russian Captain when I grow up. Four minutes and twelve seconds and he doesn't stop yelling for an instant. And banging the yoke around. And probably tossing off shots of vodka. Я тебя люблю!

The old fashioned telephone ringer was a nice touch, too.

I flew with Russians in Africa. Their idea of "12 hours bottle to throttle" was to drink as much vodka as possible within 12 hours of flying. My three un-PC lessons learned from Africa:
1. Don't let a Nigerian officer handle money.
2. Don't let a CHICOM officer drive.
3. Don't drink with the Russians.
 
I don't speak Russian, but was all that talk related to the flight?

Most of it - yes. It sounded like a training flight - the guy in the right seat is getting yelled at for going too slow, too fast, almost blowing through the glideslope, and finally for overcontrolling. A lot of the talking at the end is also somebody else in the cockpit (FE?) reading out RA altitudes (in meters) and speeds (in kilometers) after touch down.
 
Not true. We never went to war with Japan after WWII... even though Japan filled the roll of China in the 1970s/80s. Anyone remember the books and movies about how Japan was taking over the country? Remember the big hubbub when Japanese bought Rockefeller Center? Ended up being a debacle for Mitsubishi.
Also, with China holding so much of our debt and our economies being intertwined a war would be economically devastating for both sides. While we complain about China holding our debt, it puts them in a tough position if our debt becomes worthless. They have a strong interest in an economically sound US that imports their goods and pays their debts.
I agree with your post and remember a grad school discussion when the Japanese were taking over seemily. I remember arguing that they can't or won't destroy their own markets.

It is also axiomatic that liberal democracies don't make war on each other. I just hope that the chinese embrace freedom a little bit more, and until they do, they are economic super power, a space power, a regional hegemon and a nuke power and a threat. If their power grows and is maintained by the government, then we may have an issue. WWII between the USA and Japan started with a resource problem with Japan having no oil reserves and the US having an embargo in place.

On the other hand, everytime I buy a computer peripheral made in China, I end up taking it back. They seem to be going through a ""Jap Crap" stage to borrow a motorcycle term, and they really need to improve their quality. I vote with my wallet. If it says made in china, I keep looking Usually.:)
 
Curious here-

Has anybody ever wondered if that for less economically developed countries, conventional or covert warfare is the new way to fight, but for big economic power houses to fight each other, they start with a trade war?

Seems like to pull the plug on China, all we'd have to do is declare all Chinese goods no longer welcome in the U.S. The prices of goods in the U.S. would spin wildly up, the Chinese economy would come to a sudden, screeching halt. There'd be rioting in the streets, people in bread lines, and basically complete breakdown of order.

Thoughts?
 
Are there ANY computers NOT made in China and of Chinese components these days?


China's old hat. :D

Korea is where a lot of the outsourcing is going. They're making good stuff, too.

Vietnam/Cambodia as well.
 
Curious here-

Has anybody ever wondered if that for less economically developed countries, conventional or covert warfare is the new way to fight, but for big economic power houses to fight each other, they start with a trade war?

Seems like to pull the plug on China, all we'd have to do is declare all Chinese goods no longer welcome in the U.S. The prices of goods in the U.S. would spin wildly up, the Chinese economy would come to a sudden, screeching halt. There'd be rioting in the streets, people in bread lines, and basically complete breakdown of order.

Thoughts?

Economic warfare and protectionism usually hurts both sides. One of the causes of the Great Depression was protectionism throughout the world. Heck, Napolean tried it against England, but it hurt him more than the English. Japanese tried protectionism against us... and they never surpased us economically as many predicted.
 
Curious here-

Has anybody ever wondered if that for less economically developed countries, conventional or covert warfare is the new way to fight, but for big economic power houses to fight each other, they start with a trade war?

Seems like to pull the plug on China, all we'd have to do is declare all Chinese goods no longer welcome in the U.S. The prices of goods in the U.S. would spin wildly up, the Chinese economy would come to a sudden, screeching halt. There'd be rioting in the streets, people in bread lines, and basically complete breakdown of order.

Thoughts?

Price of US goods would go up or be unavailable because of lack of a equivalent manufacturing base in the USA. Not that we don't have the capability of creating one but so many small parts and chips come from China, not to mention raw chemicals, etc etc.

It would be as disasterous to our economy as it would be to China's, well maybe not quite. Have to have some capacity to replace the products they provide before you even talked about that. Maybe India could build a few hundred factories and we could play them against each other!! :crazy:
 
Economic warfare and protectionism usually hurts both sides. One of the causes of the Great Depression was protectionism throughout the world. Heck, Napolean tried it against England, but it hurt him more than the English. Japanese tried protectionism against us... and they never surpased us economically as many predicted.

Yep. Everyone seems to looooove to hate China but don't you dare raise the price on the Chinese-made iPods, flat screens, sneakers, car parts, American flags (irony???), light bulbs, tires, toys, gym shorts, earphones, etc. It's called globalization for a reason folks... Trade is mutually beneficial; China supplies us with the goods we Americans desire at attractive prices. Economics in action, baby.
 
Back
Top