- Joined
- 2 February 2006
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The problem with free trade is that it isn't.Trump brings up some good points about trade deficits and exports of jobs.
The question is, does protectionism work for individual countries and the world ?
Consumers end up paying higher prices, but more of them may have jobs with an income to buy things with.
The problem with free trade is that it isn't.
I could not agree more although I can see an initial reasoning of altruism in lowering trade barriers on "less developed" countries in order to bring their standards of living up to the rest of the world.
This has worked to an extent in China and India, although massive exploitation now exists in those countries and maybe it's now time to get tougher on tariffs to bring them more in line with western expectations of wealth distribution.
And while we are talking about a level playing field we should also remember the massive taxpayer subsidies for business, agriculture and industry that exist in the US and Europe.
https://twitter.com/realDonaldTrump?ref_src=twsrc^google|twcamp^serp|twgr^author
I'm not sure how many cars go from China to America and from America to China. Or the difference in value.
However, there are no plans to put sprinklers in Trump Tower. I wonder if they check the lifts - problems in Hong Kong.
I thought the Spartan's had the best army the world has ever seen. It was said that one Spartan was worth more than 30 of any other army when fighting as a unit. https://en.wikipedia.org/wiki/Spartan_army
One stealth bomber would wipe out a Spartan army.
The Donald is hard at work chasing the Russian oligarchs:
Russian oligarchs lose billions as US sanctions take hold
http://www.france24.com/en/20180410...arget-putin-allies-trump-deripaska-vekselberg
Maybe Vlad's alleged support of Trump has become unstuck.
Will we see Putin's mega rich friends turn against him ?
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