http://www.dailyfinance.com/2012/08/03/olympic-uniforms-china-import-favorites/
36 percent china-imports of clothing
85 percent of footwear
58 pecent of furniture
49 percent of appliances
These are the numbers for where imports come from. What is not missing from this picture is that these percentages represent the conversion of American jobs to Chinese jobs, American savings to Chinese savings, American technology to Chinese technology.
The consumers who are building the chinese manufacturing machine are spending to their own impoverishment.
While it is not too late to act in some cases, it is certainly not too early.
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