Quote:
Originally Posted by GspotProductions
China & Japan are the USīs biggest creditors, doubt if Trump will cut these ties, where else will they borrow the money to do all the things he wants to do, to make America great again pml!
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that is definately correct and one of the facts what are never discussed in this kind of populism.
to understand the REAL situation you have to understand that USA have the highest dept all over the planet. and not only the country is in dept, the citizens are also. an average family of 4 people have a dept of 160.000 dollars and i canīt find an answer to the follwoing questions:
1. how can this familiy survive if goods are becomming more expensive because they are produced in USA ? By more jobs ???? That would result in....
2. How can production inside USA result in a better income or more jobs if there are no outside buyers for this products and the inside buyers canīt afford to buy them?
3. When US-citicens do not get any other products then american with WHAT do they buy it? With more dept?
4. Increasing prices automaticly have a decrease of consumption as a result. To WHO are american factories sell the produced goods if the own citizens canīt or wonīt buy them?
that will lead to...
5. less production, lower prices and a dramaticly value lost of the dollar. Even products what CAN NOT be made in USA will be more expensive because of a low dollar value.
and this low dollar value canīt even help america to EXPORT because they are in war with potencial buyers....
to understand worldwide economy means to understand that a global market is the one and only chance for a country to get over bad times because there is always someone out there who have good times and can buy and invest.
a successful business (and a country) can be driven 2 ways:
a. robbing others til they do not have anything left - thatīs than the end of the game
or
b. accepting that business (and human existence) is a mix of giving and taking. there canīt be ANYONE first.
greetings
thommy