BillRoland
Premium
join:2001-01-21
Ocala, FL
clubs:
 ·Cox HSI
| reply to Matt
Re: Global Economy
said by Matt  :So, let China keep their low-wage manufacturing while we create high-paying science and technology jobs. They can continue to make products that are, as Apple puts it, "Designed in California, Made in China" That arrangement works out rather well for us. Works out just fine, as long as they don't cut us off.
Self reliance is not only good policy, its just common sense.
--
"Don't steal. The government hates competition."
Beyond AM. Beyond FM. XM |
|
patcat88
join:2002-04-05
Jamaica, NY | So what happens when China embargoes us? Military police seizing all electronics in the USA to find components and transistors to build a tank or a radar system or avionics? |
|
Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
 ·North State Commun..
| said by patcat88 :So what happens when China embargoes us? Military police seizing all electronics in the USA to find components and transistors to build a tank or a radar system or avionics? Hopefully the tinfoil hat shipment will make it through first.
Seriously though, why would they do this? Their entire economy is tied to our GDP. If they embargoed us, their economy would tank and they know it. All one has to do is look at the global financial collapse to see that we can't go it alone and that policy is absurd. We're in a global economy now whether we like it or not so we should act like it.
Wearing blinders and ignoring a perceived problem won't make it go away, no matter how long we close our eyes and hold our breath. |
|
S_engineer
join:2007-05-16
Chicago, IL
·Comcast
| Perceived problem? you must be young. What do you think that GDP would look like as a service sector nation? There is a trade war on now, just because you don't recognize that doesn't mean it's not there
--
BF69~~~Please stop suffocating gerbils! |
|
