Wal-Mart, Target, Home Depot and other big box stores use those containers to import geegaws and widgets for next to nothing with little “made in China” stickers on them. What, if anything, gets shipped back to China?
Scrap.
Scrap is the second largest U.S. export to China in dollar value, behind electronics. Go figure. The U.S. makes tens of billions of dollars sending scrap -- broken geegaws and widgets -- to China so that the Chinese can process them and sell more widgets and geegaws right back. What a wonderful symbiotic relationship, don’t you think? They build, we consume. Yummy.
Scrap.
Scrap is the second largest U.S. export to China in dollar value, behind electronics. Go figure. The U.S. makes tens of billions of dollars sending scrap -- broken geegaws and widgets -- to China so that the Chinese can process them and sell more widgets and geegaws right back. What a wonderful symbiotic relationship, don’t you think? They build, we consume. Yummy.
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