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Everyone at the table smiled but none of them looked comfortable.
Two college professors began discussing the problem with China’s boom. “No one can compete with China on price. China sells vast quantities of goods to the rest of the world, without the rest of the world having any chance of selling similar quantities to China! Like Japan used to say, we don’t buy, we sell.”
“And no one sells to those who sell to them. It’s open slather and it creates a structural imbalance.”
“So where does this imbalance lead?”
“Well, we’ve seen the iceberg and now it may really tip … look at Europe. Democracy as a level playing field was always a lie. You only get rich by making someone else poor. Money makes money.”
“So, the end of democracy?”
“As an ideal, yes. What does it do for the unemploy
