So what countries are WORTH MONEY.. I have the answer
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meaningless, its not even adjusted for country gdp or size.
You need to think about margins also, for example whenever an american buys a new laptop ~70% of the profit/margin goes to intel and microsfot (for windows) yet it shows up in trade balance as a negative movement because its assembled in some emerging country (for an almost zero margin).
At the top of the list above you will get countried that do have balanced economies (Netherlands), cheap labor exporting countries (China), and countries with sellable natural resources (i.e. oil) whose population is not able to use the money to import what they want/need (Nigeria).Comment
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And we could do that at any time, and will again in the future.
People forget the only reason we outsource is because it's cheap labor used to create products with another countries resources, while preserving our own ;)
As soon as the resources and/or labor reach a monetary threshold, we hire in house again and start manufacturing more. It's that simple.Comment
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Exactly. If we need a quick short term solution we just put a 50% import tax on all Chinese imports. People will instantly start buying well made American products again rather than pay twice as much for some Chinese piece of crap and the coffers will be once again brimming with money.
If the US did this it would instantly and completely halt the Chinese economy and they would come to us begging and crying to make deals we could not even begin to imagine.Comment



BUY MY SIG - 50$/Year

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