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Attached below in PDF is a propaganda piece I came across while doing some research. It serves to illustrate a valuable lesson, as well as remind you about reality.

The report was written by the US-China Business Council.

Lesson #1: NEVER EVER trust anything pumped out by the Chamber of Commerce (local, state or federal).

This also applies to these bilateral trade organizations.

They are cheerleaders like the rest of the government bodies.

Finally, I wanted to tell you where I found this marketing piece; on IBM's website.

Now why on earth would IBM be promoting these lies?

Okay, now I'm not going to spend the time to hack apart the arguments made against these myths.

The fact is they are NOT myths. With the exception of #5, they are all realities.

As an exercise, I want some of you to post in the comments why one or more of these myths are true.

I will tell you that those who read America's Financial Apocalypse should know the answer to the alleged Myths 1, 2, 4 and 6. The others can be answered if you do some thinking and maybe some Google searches.*

Don't worry if you answer wrong! You won't learn unless you try.

*3, 6 and 7 have never been myths or misconceptions. I am not sure where these claims came from. They might have been added as a way to add to the propaganda.

7 Myths About US-China Trade and Investment