by Thomas Emmon Pisano

Created on: July 03, 2009   Last Updated: July 05, 2009

The Chinese Monkey Trap: How Chinese Out Sourcing Could Destroy America

I learned a shocking truth the other day. Is this a big secret or a joke? I am not sure what it is, but it is scary, and disheartening, so you better sit down for this one.

Everything is made in China! Turn it over and discover what's on that label on the other side of your shorts.

We have, through our greed as manufactures, lost it all to the Peoples Republic of China, they make almost every thing we use here in America, automobile batteries, tires, packaging, video, audio components, cigarette lighters, electronic components, this list can go on indefinitely. Even this computer I am using to write this article is Chinese made. They have us right where they want us, economically.

If they wanted to cripple us, all the Chinese would have to do, is stop sending us our imports and we would come to a screeching halt. They could sell to the rest of the world and ignore us; of course, they would not do such a thing to us, after all, we are all friends in the world. I wish not to sound like an alarmist or naysayer but I am the watchdog and as such, I make noise when things are wrong. I see this and I cannot keep my pen off it .

So here is what I have on this manufacturing deficit we have with China. There is a direct fiscal agenda being enacted on by the government of China. In addition, the beauty of the whole thing is that it is not aggressive; in fact, it is solely a beautiful thing the government of China is doing.

Since the 1970's the Chinese, economy has grown ten fold, China is now rich, and they also understand finance and banking. The Chinese have become world-class players and they are able to use the worlds stock markets by becoming savvy investors. They can do financially anything any one else can do and do it well it seems. China has grown to be the second largest economy in the world, next to us. The Chinese are about to beat us at our own game, the game of monies, and finance. What about the bond market, are they buying our bonds?

If you looked at China, the land mass, the number of people residing within their borders, all of them are potential workers, all of them devoted Maoist, and all of them determined to have a good life for themselves and their families. They are powerfully determined to be strong and fruitful; it has nothing to do with us. We don't factor into the equation, not really. Yes, we are the fodder which powers this financial growth machine. We may be forced

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