This will totally suck!

[shipbldr]

Don't under estimate the Chinese. They are a serious threat.

The Chinese are very amibitious... cold blooded about what it takes to get ahead... and making better and better stuff every year. They are the next Japan, just 10-15 times larger.

Don't get me wrong, I worry like hell about US industrial base taking a nose dive. It is not good!

But then I look at the cost of doing business here and the reason for the nose dive is obvious!

Everybody constantly demands the lowest possible price on the goods they buy... and it costs a *&^% fortune to do business here, so companies send their production to China to get a better price. Either companies off-shore or they die.

Here's the truth most Amercians don't want to face:

YOUR HOUSE HAS NOT GONE UP IN VALUE!

Instead the value of your dollar went down! We had massive inflation. Consumer debt (all forms including mortgages) went from 7 trillion 12 years ago to 23+ trillion today.

Massive money over supply = inflation (simple)

Most people missed it completely!

-You see normally when the dollar drops, the cost of everyday goods (household crap, cars, clothes) goes up. Then people say AH! inflation!

While the value of the dollar plummented, the cost of goods dropped fast enough to offset it. Most stuff people watch tolookout for inflation didn't change in price. So most people are oblivious to what's happening.

Proof?

Things of finite supply hold value over time. They are inflation-proof. Three examples are: GOLD, LAND, and ENERGY

Land held its value as the dollar has dropped. (Check house prices up about 50% in the last 5 years)

Energy held its value. (Check gas price vs 5 years ago -50% up)

Gold is catching up VERY FAST.

Are the Chinese a threat. Yes.

Are they to blame? No. The blame is our own fault for too much *^*^ intergenerational overhead (Massive unfunded pensions, entitlements, social security) and waste (absurd lawsuits, gov't fat cat deals, and non-value add ecomonic activity)

But that's another story.

I find it tough to blame the Chinese for simply doing what is asked of them at a great price.

Last time I checked, that was the American way...

Rant over!!!

(Playing with plastic dinosaur again)