Quote:
Originally Posted by spunkmaster
It's US consumption and trade barriers other countries put on goods that compete with their own !
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There is far more of a problem than "trade barriers".
The name of the game was to consume - and deal with any country who were able to provide cheap labor/product to enable that consumption.
Approx 46% of China's exports to the US are coming from US corps in China - and where the profits from these corps are benefitting the US.
There was NAFTA - a cheapo product deal with Mexico. Now there is CAFTA - another cheapo product deal with a number of countries.
Maybe instead of setting up deals for cheap product elsewhere - an attempt could be made to revitalise US industry - and try and export some of that product as well as use it for home consumption? No?
The core problem is excessive consumption - this is totally unsustainable.