interesting true story about the trade deficit with China.

"And so far, the mounting Asian trade has been largely a one-way affair. After unloading 1,120 containers from the Glory, the longshoremen reloaded the ship for the return trip. Of 667 containers to be sent back, 419 were empty, being returned to Asia to carry more goods back to the United States. Of the rest, most were stuffed with two of New York's biggest exports: wastepaper and scrap metal. "

From times article about the revival of the NY/NJ ports.

- posted by jsbennett70 @ 7:37 PM