Pretty soon China will have a record for the number of records it has set - in the economy.

In June, the trade surplus hit $14.5 billion. This is the highest trade surplus recorded by any country ever. And don't forget...Christmas is coming.

China did its part on increasing imports - up 19%, but exports outpaced imports and grew 23%.

Well, to be sure, Americans, instead of hunkering down and working harder to make things of better quality, more efficiently and thus more cheaply will start crying (key word is cry) "Do something!"

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