Originally Posted by thommy

wrong is that you still not understand the logic betwen loacal and global market and you always miss the point prosperity.

i will just give you small math example on that.

lets say you have 1000 workers who have a job in us in 10 companies.
everyone of them makes 3000 dollar per month and with this 3000 dollar they can buy the stuff what is made in us from us workers with us standard wage.
lets just do so as every product he buys cost 300 dollars - that means that everyone of them is able to buy 10 pieces of that every month.

that is what a local market is - it will be FOREVER like this because there is no additional income as what people can spend.

people will always have the same money and can buy 10 products forever and ever.

now we come to the point of global market.

here is not one who can produce the same product for 100 instead of 300 and it will be sold in us for 150.

in the same moment the 1000 workers are able to buy 11 products for their money and prosperty gains.

BUT yes there are now some jobs in danger what have to be balanced somehow.

the jobs what are in danger are NOT 100 (because the factory what produce this product have to close)!!!!!
why ?
because in this example the company sold 1000 products for 300 each month with this 100 workers - means they had a gross income of 3000 per worker
because the additional gross income (50 dollars per product imported) already produced new jobs. 1000x50= 50000/3000= 16,6 jobs created through the import.

now we need a job for the other 85 and this can be done in several ways:

1. way is to make an OWN EXPORTINDUSTRY and produce something that is better or cheaper as in other countries.
if you do that really good and with a worldwide market (what is than 1000 times bigger as this example 1000 worker market - you are able to even create MORE jobs as you have workers for. the 85 left workers are not able to do it so you need IMMIGRANTS.

this immigrant will not only do the job - they will also spend their money in the country - money what in fact is NOT AMERICAN money because it comes from EXPORTS so this workers get not paid from America they get paid from offshore.

even on this small example with fictive numbers you can see the advantage of a global market. because even when we just expand that to the left 85 workers (and NO immigrants) WHAT will be different to the start situation?

the different is PROSPERITY!!!!! because every one of the workers can afford to buy 11 instead of 10 products.

but if you INCLUDE the immigrants the count is WAYS better.

THIS is a global market and it can work always and even better because of the fact that countries can even loan money to each other.
they loan it when the currency is too strong and they let them pay back when the currency went into other direction.

no bank is needed for that - no financial service what sticks a lot in their pockets - that is just a question of GLOBAL TRUST (what is the USA right now losing in a broad range).

if people would be able to understand how global market works, they would NEVER vote for trump because "USA first" and "being partner with the world" is the same as when somebody buys Walmart, close the doors and say - from now on we do not want to have them from outside we do all alone.

what this guy tries to hoax America is not only unlogic and against all market rules - it is a lie because nobody can tell me that he have NOT ONE around him who knows about those simple and logical facts and rules he is either a liar or the most unprofessional person who ever have entered the oval office.