John Phipps had an interesting take on this as it relates to trade in one of his commentaries on US Farm Report. It's his opinion,not mine,but it's something to think about.
He said we get upset because the Chinese make US companies give up proprietary technology as a condition of building a factory in their country. These companies do it because there's more profit in building things there than they loose in the value of giving up that technology. Then we turn right around after saying they shouldn't have to give up that proprietary technology as a cost of doing business and say that they should have to give it up as a cost of doing business with us. We must be making money by using their proprietary technology or we wouldn't be doing business with them.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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