Tuesday, January 12, 2010

Risking a trade war with China

China and the U.S. may be so economically co-dependent -- the U.S. gobblement needs China keep financing its deficit and China needs U.S. consumers to keep buying its exports -- to keep financing that they will back off before it gets too serious, but the decision last September to impose a 35% tariff on cheap Chinese auto tires has begun a series of tit-for-tat petty restrictions by both countries, as this Register editorial outlines. It's all so foolish and childish. But then that's almost the definition of government.

1 comment:

Anonymous said...

I truly believe that we have reached the point where technology has become one with our society, and I am 99% certain that we have passed the point of no return in our relationship with technology.

I don't mean this in a bad way, of course! Societal concerns aside... I just hope that as technology further advances, the possibility of downloading our memories onto a digital medium becomes a true reality. It's one of the things I really wish I could experience in my lifetime.

(Posted on Nintendo DS running [url=http://kwstar88.livejournal.com/491.html]R4 Card[/url] DS SurfV3)