Dec 3, 2004

China to buy IBM? -- "Don't Worry"

Looks like China may buy the very symbol of 20th Century America's superiority, IBM.

On the one hand, the U.S. Secretaries of Treasury, and Commerce, have been assuring us for several years that the U.S. will continue enjoying a superior economy in the face of global competition, since China just makes crappy toys, while Americans develop sophisticated computers. On the other hand, the U.S. Secretaries of Treasury and Commerce just quit.

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