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Reply #4: Our economy is a hollowed-out
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cliss
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Wed Mar-22-06 02:01 PM
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4. Our economy is a hollowed-out |
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shell. We don't manufacture anything, at least not like we used to. That's what propelled the US to world leadership in the early 1900's.
Now? There's not much going on anymore, compared to other countries. We're just consumers. We consume stuff. 25% of the world's natural resources, and 30% of petroleum.
You're right: the Chinese are making up the slack.
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