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Apr 16, 2008


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Interesting what the statistics show about China and the USA. I realize that China exports much to the US as almost everything I try to buy comes from China. However, I didn't realize how much China imports from the rest of the emerging economies.That must mean that much of the money we are sending to China for our imports is ending up in the other emerging economies. I wonder what they are purchasing with those funds? Raw materials and comodities?

Great veriety of subjects on your blog.
I spent many of my adolecent years in the Presbyterian Church in Sothern California.

Michael W. Kruse

Thanks Steve. Hope your Presby experience was a good one.

As to the global economy, I think it truly is starting to become a decentered network instead of hub-and-wheel model with the US at the center.

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