Re: [OM] Kodak's long fade to black - latimes.com

[Mike Lazzari]

> the fallacy of free trade agreements.
The fallacy of "free trade" agreements is that they totally leave out a 
major component, labor. Without free movement of labor there is no free 
market.
> but the West is now in hock to the East and any restrictions on trade would 
> be met with a glassy stare and a request for repayment.
China and the US are so tightly bound that China would be incredibly 
foolish to request repayment. Anyway the US could just print money and 
repay with worthless currency or default. What are they going to do? 
Sell the US on the courthouse steps?

More troubling is the huge Chinese realestate bubble. When that one goes 
up we're all in trouble.

Mike

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