Sarn

Need to tried sell to Japan a bucket of coal

Tasty1

Eating Tilapia Is Worse Than Eating Bacon
https://draxe.com/eating-tilapia-is-...-eating-bacon/

I Always eat my fish fresh from the sea, and i stay where the sea is clear

Will post-Brexit UK swallow America?s ?chlorinated chicken? for a trade deal?
"The US is the second-largest exporter of poultry meat in the world (following only Brazil) but Europe has long banned its chicken from import, thanks to the American practice of bathing chicken carcasses in chlorine."
https://qz.com/1037737/will-post-bre...-a-trade-deal/

The long-standing conflict with the United States over the European Union's ban on the use of growth hormones in beef cattle is back on the table.
https://euobserver.com/opinion/138498

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JuicyBunny

Japanese self-police the meat sections of stores just fine. US is on the bottom of the list anyway. Next to Chinese imports.
Kobe beef runs about $200 a pound these days. Delicious.
People in Japan are very picky about food. More so than any place I've lived before.

You may call it protectionism but we call it preferred dining.

Bladewire

We have tons of organic and free range farms in America that use no antibiotics. They are growing astronomically every year. Turns out Americans pay more for humane treatment and quality meat.

Sarn

In the 17th and 18th centuries demand for Chinese goods (particularly silk, porcelain, and tea) in Europe created a trade imbalance between Qing Imperial China and Great Britain. European silver flowed into China through the Canton System, which confined incoming foreign trade to Canton and the Chinese merchants of the Thirteen Factories. To counter this imbalance, the British East India Company began to auction opium grown in India to independent foreign traders in exchange for silver, and in doing so strengthened its trading influence in Asia. The opium was transported to the Chinese coast where local middlemen made massive profits selling the drug inside China. The influx of narcotics reversed the Chinese trade surplus, drained the economy of silver, and increased the numbers of opium addicts inside the country, outcomes that worried Chinese officials.
https://en.wikipedia.org/wiki/First_Opium_War

Interesting how it will be solved now)

Bladewire

Brilliant! We need to get China hooked on drugs again!

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BaldBastard

Buy local, buy fresh and you can't go wrong.

I worked as a Chef for 20 years pre internet, never once do I recall buying an American product, nearly every other major country I could name several imports used, each has there own specialities. But USA.. nadda.

I could tell you now if I put.. "American Steak" on a menu, no one would order it no matter how good it was, simply on fear of what additives or steroids were used in the production.

I've been in the USA many times and eaten at many world class places there but try and explain that to others upon leaving the USA and your basically laughed at. The reputation internationally for your produce is not the best, and it was trashed a long time ago.

I don't know how the USA recovers from that, but its certainly not going to be by rolling back regulations like Trump is trying.

Barry-xlovecam

so you say ... to each his own.

Fresh meat costs twice the price in Europe as it does here. And we US Americans make 30% more money than the Dutch on the average.

I was just in Rome a few months ago and have been in Amsterdam 4 times in the last 6 years -- so don't try and feed me your bullshit -- I know better. Meat is no better in Europe than America--just more expensive. I thought the fresh vegetables better and the breads are much better.

Sarn

coal is more not needed for USA than drugs.
need tried to sell coal first

Barry-xlovecam

The average heat content of coal produced in the United States was about 19.88 million British thermal units (Btu) per short ton (2000 pounds)

One short ton (.91 metric ton) of light crude oil = 39,059,909 Btu

Now figure the tanker v. cargo ship costs -- it is not worth intercontinental transport -- freight trains over short distances only -- coal is a very common mineral mined in many places locally.

Rochard

Trump doesn't understand the very basics of how any of this works. He's told us this before - He is a salesman who needs to sell things and he sells things by making everything sound "huge" and "grand". He sold us on leaving the TTP because it "sounded good" but in truth he did a huge amount of damage. We now have no partnership with any of the Asian countries - and China was glad to step in and take our place.

I can't stand all of this winning.

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nico-t

You're completely oblivious. Do you even know what TTP means for businesses, products and quality of food you eat every day, same as TTIP and CETA? You are totally 100% wrong about every single thing, it's baffling.

Bladewire

Your ignorance is shining brightly.

This 50% tariff on beef is just the beginning.

Putin thanks you for your service

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Sarn

Ukraine buys overpriced 300% easy.

nico-t

Multinationals and globalists treating citizens like cockroaches thank you for your service.

BaldBastard

Actually the only baffling is yourself. TTP was bad in many ways I agree, but it was totally in Americas favour and as for the food.. I think you have been reading to many Russian propaganda sites.

The major goal of TTP was to slow the movement of China into the pacific. Lets say China decided to kick the USA out of the south China Sea, which is a HIGHLY likely scenario, for the USA to take a stand and say no, they need to support of regional countries to do that and under TTP, that wouldn't of been so hard.

Without it well Australia is trading 80% with China, NZ has a free trade deal and basically every other pacific country is following. Highly unlikely we will shoot ourselves in the hand that feeds us.

Also the beloved sanctions on Russia, without TTP many countries will still trade with Russia, TTP was going to snip that in the arse... hence why the Russian propaganda machine went into over drive.

I'm glad TTP was dropped! But I'm a Kiwi Australian, if I was American, I'd be Sad because surly America is the biggest losers.

thommy

sure - but some americans still think they have to allow that.
ASEAN became already such a big trade thing that even the european union (what have underestimated that for a long time) wants to get into that - and the first contracts are already signed.

this sanctions are exactly for what?
the one and only reason for that bullshit is to replace russian gas delieveries with US gas.
why should europe do that? why there should be build new piplines to a country what delivers us gas for the same price made from fracking?

THIS !!!
glad to have someone in that round from outside us who also understand how global economy works.

not that i would underline every australian decision - you guys make also a lot of rubbish there down under - but at least you have a great diplomacy what works perfectly in regards to economy.

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Barry-xlovecam

You can squarely blame Trump and his "America First" policy. The TTP also had Obama's name on it, so Trump had to trash it, on general principles. Whether is was to the USA's benefit or not -- the TTP had certain trade decision sovereignty issues that many here objected to. How this was that much different from the WTO court -- I don't see it myself.

So, if it is America's loss and the China's gain so be it I guess -- all a part of MAGA

Bladewire

Interesting times ahead

BaldBastard

TTP sucked, but it sucked for everyone equally, over all it was a good policy but if you broke it down everyone was winners and losers, Trump just cherry picked a few off as justification for scrapping it. Its very hard to get that many countries agreeing on anything, it will never be replaced. Back to individual deals again.. which was one of the main problems in the first place.

Yeah, I understand that but I also see the American side, lets all be clear its not Russian gas, its Russian Oligarch gas. The only solution to that was Government policies promoting alternative fuel and energy innovation. And Trumps killed that BUT.. that's only short term to he is ousted, pity he's set the world back 15 years. I hope Europe fight these sanctions, because your the ones paying the price for American/ Russian bullshit.

Australia is fucked, first we are now Chinas prawn, they can screw us very quickly anytime, This whole American ally thing is over, we are very much in Chinas back pocket. And I'm afraid we will have to be bitch slapped a few times before everyone wakes up to that fact.

The other issue is Australians overwhelming faith in their Government. This is the most over regulated place on the planet, daily policy comes out restricting citizens freedoms and everybody just bends over and lets the Govenment shove it up their ass.

Paul Markham

Globalisation moves jobs from the First World to the First.


You don't see a direct link to losing jobs, losing taxes, adding benefits and debt. OK then, guess you never will.

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Paul Markham

The problem is it's Trump saying the right thing and therefore all the anti-Trump brigade came out. Spurred on by the big corporate news agencies. Thommy just showed us how he likes jobs moved out of the first into the third world.

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Paul Markham

But Thommy sees no link at all in the debt and people losing their jobs in the US.

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Paul Markham

Australia will be selling as much as they can to China already. The idea they can step it up is silly.

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Paul Markham

I moved to Czech, not my job. I brought jobs to Czech, not a British white nationalist. So you got all that wrong.

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Paul Markham

He understands 100,000s of jobs leaving the US and going to the Third World means that the US loses tax revenue and increase government costs.

The new jobs created under Obama were mostly low paid who don't pay taxes.

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Sarn

Slavery in China and 3rd world and unemployment in West world = modern version of globalizations. Business from offshore of course make biggest profits from it and not pay taxes.

Rochard

LOL. Sure.

Do I know what TPP means for business, products, and quality of food I eat every day? Yes.

Do you know what without TPP we are falling back on trade agreements that that are ten, fifteen, and twenty years old? How is that better than what we would have had with TTP?

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thommy

slavery in china ?

i don´t know if you know how china tourism is saving many countries asses right now.
these people are travelling like fuck and spending nmoney in other countries.
even greece tourism is profitable again.

and WHAT exactly IS in bounding tourism? yes it is EXPORT !!!!!

because trump does not understand more about world economy as paul and you do he will fuck this country.

i was reading a nice headline today in a german media:

A dilettante makes world politics

...there is nothing to add on that

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Paul Markham

Wait until automation kicks in.

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Paul Markham

The money they are spending is money that has come from making the goods once made in the West.

Good luck with all those tourists.

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nico-t

'it is new so it is better!'

Just like the EU and the Euro were new here, wow it's so much better now.

What a great argument. I think i'm done reading your posts, your lack of intelligence is simply painful.

brassmonkey

slap my beef that's a problem. they should cut the beef to 10% and watch those fuckers freak!! hahahahaha!!! $700 for a good steak will make them think

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Bladewire

The article explains how TPP would have avoided the 50% tarrif, but instead, since you're on the losing side, you talk in generalities and insult Rochard. You can't admit when you lose. Pathetic

Barry-xlovecam

When domestic product A costs 50% more than imported product B, and where both are of equal value -- guess what happens ...

a.) protectionist tariffs
b.) free trade

Rule 2;

Production will always find the most cost efficient method.

Deal with it -- get your collective shit together and stop bellyaching.

Paul Markham

He can't deal with the facts that over those years of trading, the US has been losing.

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Paul Markham

Over the last 20 years has your trade gap stayed about the same, got worse or got better?

How many manufacturing plants and industries have gone?

How many people have lost their good jobs to only be replaced by minimum wage jobs?

Has your Debt grown or shrunk?

Has the gap between the Rich and Poor got wider of narrowed?

Which one of those specific points do you want to debate?

Trump is a clown, an awful President and not going to improve the situation. But Clinton has been part of the organisation that over those 20 years sold the assets of the US. Because its one great asset is manufacturing the goods it sold to the world. The Banking Crisis was made worse by the fact the US has lost so much of its manufacturing.

The EU is no better.

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nico-t

another country added a 50% tariff on beef. Oh no lets bow down to blackmail and adopt that toxic TPP of the multinationals now that the establishment is pushing for, so that businesses, economy and health go down the toilet which has about a billion more devastating effects than a 50% tariff increase by fucking Japan on beef... See my point... Genius.

Sarn

Slavery. As an example on their plants and places where workers living, had put nets against suicide.



Tourists from China it is people from communist party and other slave owners, their relatives, whores etc... The reason of their big spending it is easy money. When a someone earns them honestly, he spends them rationally. If taking money from slavery(criminal, corruption etc..) he spends it easy and large.

About Greece it is a good example, send worker places in China from EU(Greece), in China make slavery and trying to take away money from China slave owners back for build worked places in Greece. This is bad shit for all. Trump, it results from such politics. Because can't ignore the big number of unemployment people and slavery people too.
PS: but can send them to make war against each other
Yes, it can stay disaster for China.

Bladewire

So much #winning

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bronco67

I think what Trump doesn't understand is that "trade" is just that. Trade.

It's not always about getting more than the other guy. There are other long other term interests to be served and it's more complex than just getting a shit deal or a good deal. But that's how Trump sees things as a one dimensional thinker where everything has a binary outcome.

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Paul Markham

Assuming China doesn't automate faster than the US. How is it doing at the moment?

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Paul Markham

Balanced trade means you sell $100, you buy $100. You employ one man in the home country, you employ one man in another country. It is that simple.

At the moment the US isn't doing that, it's selling $90 and buying $110 dollars. This immediately hits your tax funds because you haven't paid enough in wages to raise enough in taxes. So debt increases.

The upside is it puts more money into the pockets of the1% who avoid paying taxes far more than the less wealthy. So with governments owned by big corporations, it continues to get worse.

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Bladewire

Paul

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thommy

you are such a strange calculator especially when it comes up to world economy.

you are right in one thing: when the TOTAL of exports is lower than the total imports there is something wrong. but that is not a lack in the import prices - this prices help for 2 things

a. prosperity of the citizens because they can buy more for the same money
b. 90% of the exports are IMPOSSIBLE without cheap imports.

how much do you think would a comuter or a phone cost if all parts of it are made in USA ?

do you really think that USA could export even ONE PIECE ????

what is wrong here is much more complex as you see it.

the problem is on issues what are far away from the visible. I will tell you ust a few examples:

1. USA went so fast out of the crisis because it was not made in a "natural" way.
the last crisis was resolved by urging on the local market.
with other words: people got cheap loans to increase their consumption.
what they forgot here is that nobody can give endless loans and that the day
will come to pay it back.
other countries have been slower in that process and some of them still suffering
an the 2008 crisis but they fixed it with INTERNATIONAL trade.

2. US also have a HUGE international trade and if you could calculate that also into the
import/export balance you would realize that US have already a BIG export
overweight.
that this export overweight can´t be counted here have to do with US tax laws.
this companies are simply open companies in other countries and the profits are
not "imported" to USA again BUT !!!! they can import the losses if they make possibly
and can cut them off tax.
if microsoft, apple, google, mc donalds, pfizer and amazone would REIMPORT this
profits they make outside of US and pay tax on it, the COMPLETE deficit of the whole
country could be paid at once.

3. you always attack china - but do you know what would happen with the world economy
if china fails?
if that is the case the 2008 crisis would just be a small rain against this class 6
hurricane.
90% of ALL american companies would go bankrupt within a month. and 70% of the
companies around the globe would be in the same position.

you think i am wrong? than wait - the next crisis is already waiting and i told you months ago that it will be starting with the US car industry. so go and look what happend to them yesterday. and then imagine how many other us companies are directly connected to them.

as i said these are just 3 of a few dozens of arguments what are proving you wrong.

your ideas can not work because you do not understand the rules behind the visible. world economy is a very complicated topic and believe me YOU do not have the knowledge to understand even 1% of it.

look by yourself where you would be now without your camera equipment made in asia, without the models made in CZ, without the customers all over the planet who are selling what yoau produced all over the planet.
you spek against your own live - and that was MUCH less complicated as the economy of the planet.

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thommy

unfortunately you post without research.

in 2016 the number one country WORLDWIDE for the tourism industry was china.
chinese tourists spend 261.000.000.0000 U$ in the rest of the world.

while in 2001 the number of chinese tourists was atonly 12 million the number in 2016 grow to 135 million and it will grow in the next 10 years to over 300 million. and you think all of them are communist elite? you are soooo wrong !!!!

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Barry-xlovecam

If China failed (not very likely) production would just move to other nations. Everyone has their plan 'b' many have some parallel operations. Consider the case of global automotive manufacturers.

Trade disruption would be a highly chaotic occurrence -- but production would adapt and survive for the reason of demand.
Maybe India might be the beneficiary of this ???

• Capital always follows demand.
• Capital always seeks lower production costs.
• True labor costs are deceiving.
  

  Domestic development of robots and automation will cause greater efficiency and productivity, and bottom line, in many cases, less jobs for lower paid workers in the developing world.
  

When a US (or any country's) business sets up overseas operating units they are usually incorporated, and domiciled, in that country. Only repatriated earnings into the US are taxable -- you cannot repatriate losses. Earnings and losses are taxed by the 'host' country of that incorporation under the host country's tax laws.

In other words, US owned Big Corp Ireland is taxed in Ireland under Irish laws. Any profits to the parent corporation (or investors) are in the form of repatriated earnings to the USA and those repatriated earnings are taxed as ordinary income under current US tax laws. They are talking about a tax holiday or reduced taxes on repatriated earnings. US corporations and other entities have trillions sitting in foreign banks. With that money leaving your country -- good luck

Sarn

Production by slavery always has bad quality and cheap.
I do not criticize people but such a system.

Paul Markham

So explain why the US is in so much debt and the debt will rise.

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Paul Markham

It's so easy to poke holes in the BS you spin.

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