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Re: Train Guy post# 52535

Thursday, 12/05/2002 9:56:03 PM

Thursday, December 05, 2002 9:56:03 PM

Post# of 704019
T G -- <<in contrast to the U.S. where the
worst is definitely behind us.">> Since I do not believe the US can sustain the economy as a service and non-producing country we may see things a bit differently. The labor rate in Asia has taken a huge toll on thev US economy. In time, possibly not many years, China will have nearly all the mfg jobs other, mostly Asian countries, have not already taken. The Chinese see this and are very happy to take the US investment dollars now knowing we are paying for our own LT economic distruction.

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