Trade War

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This topic contains 21 replies, has 7 voices, and was last updated by  PopeBeanie 3 weeks, 6 days ago.

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  • #28178

    The latest US Manufacturing figures are an indicator of tensions over the trade war and export figures are down. Maybe Trump will “solve” the problem in a few months time so it will seem like he has created a climate for growth come election time?

    #28179

    Unseen
    Participant

    We simply have to accommodate ourselves that this century will see a huge shift of the world’s center of gravity to Asia. Let’s not forget India, a country with many problems but with a long tradition of scholarship, especially in mathematics. The US and Europe need to align themselves with India and help them build themselves up into a power more capable of confronting China. As I told an Indian friend, India cannot become a major world power based on a service economy. They need to MAKE stuff. They need a far better infrastructure of roads, riverways, airports, and a much improved train system. We need to help them because it’s in OUR interest.

    We also need to stop thinking of Africa as a throwaway continent. China has beat us to it, of course, but it’s not too late to jump in. We beat the U.S.S.R. basically by outspending them. Perhaps we can do something similar with China, turning their efforts abroad into an unbearable burden on their economy the way the Russian Communists simply couldn’t hold it all together any longer, and were forced to let go ofย their Eastern European empire.

    • This reply was modified 1 month, 1 week ago by  Unseen.
    #28423

    Here is an interesting fact about trade between China and America which could potentially have dire consequences if a trade war were to escalate. It puts China in a very powerful position.

    America imports 97% of its antibiotics from China. What if China were to double the prices? What if China were to stop exporting them? This is where Trump should be insisting that they are manufactured within the USA.ย  Reliance on China could be seen as a foreign threat and lack of home production could be deemed a domestic threat to national security. Who has out sourced all production to China? Why not manufacture in pharmaceutical hubs like Chicago or San Francisco?

    #28428

    Jody Lee
    Participant

    I agree, no one wins in a trade war. May DTs stupid moves work in the Democrats favor come election time. Unless Idiocracy is coming to fruition and his trumpets outnumber us.

    “Who’s more foolish? The fool or the fool who follows him?” – Obi Wan

     

    #28429

    Unseen
    Participant

    Here is an interesting fact about trade between China and America which could potentially have dire consequences if a trade war were to escalate. It puts China in a very powerful position. America imports 97% of its antibiotics from China. What if China were to double the prices? What if China were to stop exporting them? This is where Trump should be insisting that they are manufactured within the USA. Reliance on China could be seen as a foreign threat and lack of home production could be deemed a domestic threat to national security. Who has out sourced all production to China? Why not manufacture in pharmaceutical hubs like Chicago or San Francisco?

    If China were to simply stop shipping stuff to the US entirely for a month, we’d realize the truth: that China and the US basically share an economy. If either one hurts the other, both suffer.

    #28430

    Davis
    Participant

    No it’s been an idiocracy since Regan. And English speaking countries have all followed, lagging behind of course, but the UK is pretty close.

    #28431

    PopeBeanie
    Moderator

    No itโ€™s been an idiocracy since Regan.

    What an irony it will be, if American capitalism can’t compete with Chinese state-run capitalism for the next generation or two of Chinese rise. And is autocracy around the world on the rise, too? I don’t feel confident in any predictions right now, encouraging or discouraging, or believably based on world economic history.

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