For a while now I have been writting about the growing political imbalance with our largest trading partner, China. In a nut shell at this moment in history this country of 1.3 billion people ( which represents a solid 20% of the total population of earth) has the definite upper hand. Yes I know many are saying that that they still need the U.S. consumer. That may be, but we for sure very much need them to a larger degree. You see they can always find a market for their cheap wares. Now the question is can we find anyone else with the capacity of China to borrow as much as we already have. I think not. With President Obama making his rounds through Asia. It is plain to see that both sides are defining there relationship with one another. In the coming years we will see where it all goes.
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