Re: [Marxism] Recession in the works?

[Doug Smiley <dougsmiley@xxxxxxxxxxxxx>]

This is a timely post to Marmail. Thanks for your insight.

My opinion is that China is showing signs of a cool-down. They are scrambling 
to find steel for their infrastructure. It is uncertain whether or not China 
will sustain its astronomical growth which is making international investors 
nervous about throwing their capital into U.S. companies that operate in China.

The Bush cronies claim that a declining dollar will prompt the world to buy 
cheap American products. This is a farce. Either the Bush administration is 
grossly incompetent or they are crafting a sinister plot to once and for all 
destroy the American working class.

Comradely,




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