Friday, February 15, 2013

Is America Swapping Garbage for Computers with China?

Clyde Prestowitz tells us a thing or two about what's wrong with America and why record numbers of Americans are telling the polsters that they're fed up.  His argument stems from how we trade, for example, with China.
Our major import is nearly $50 billion of computer equipment while our major export is about $8 billion of waste paper and scrap metal. Yes, that's right. We're swapping garbage for computers with China -- and lots of other countries as well. 
The Huffington Post is doing a fresh take on a three-year old article (must be a new book coming out by Prestowitz).

Read the entire article:  America Needs a New Globalization Game

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