Quote:
Originally Posted by Paul Markham
I agree fully with your argument. Now China has so much of the US economy in its grip we have no choice. Just force them to balance the trade. If onlt the politicians had known what they were giving away back in the day. Or maybe they did but the corporations ordered them to lose American jobs and send them to China.
|
paul the point is the following:
the MOST imports from china are used for products what USA exports in the whole world.
USA have an advantage because they can buy cheap in china and can compete with their own products in the international market.
if china delivers much more as they buy does not mean that this money comes back FROM china. the exports are going into the rest of the world and they would not exist without the cheap labour and parts from china.
when you drive to the gasoline station and pay 100 euro for a full tank you can not say the the owner of the gasoline station have to buy for 100 euro from you, because he possibly donīt want or need your product but you need his gasoline to see your customers.
if you do not buy gasoline anymore because the gasoline station owners donīt buy from you - you must close your biz.
if america wants news jobs they should look into the NEW WORLD and not in the yesterday world.
cancelling the paris contract AND producing millions of new jobs in this green energy economy does not go together.
other countries (and here again especially china) did it and growing like crazy.
so WHO is the failure in the game - the one who does not see opportunities and works in the pocket of the existing establishment or the ones who see it do it and win ?
trump even gave china the complete asian market on a silver tray. the idiot canceled the transatlantic deals and china jumped in.
trillions of dollars in trades in the next decades what trump have throwing in the waste.
i am sure it does not hit him personally because even when the country will loose there are a couple of winners and they will say thank you to trump somehow.
but it is out of ANY doubt that he ruins the american economy in a speed what is really unique. it will take less than 2 years til EVERYBODY IN THE WORLD can see that.
and even when they impeach him tomorrow the damage will need decades to be repaired.