Thread: News Don't buy American
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Old 06-04-2017, 11:52 PM  
Paul Markham
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Trade gaps and surpluses aren't decided in a few months. They're decided over decades.

For the last 50 years, the Third World has been slowly taking more export markets. In 1960/1970s it was low tech goods like clothing and plastics. Today its products like Nuclear Reactors.

China leads EM surge in high tech exports | beyondbrics



If you think Trump's responsible for this, you're deluded. In 13 years China has eaten risen to #1 and #2 the US fallen to #3. Where is it now?

Where will it be by2020?

Now study the other Third World countries who are overtaking the First World countries. Germany and the UK are being relegated, while countries like Vietnam and Mexico rise. Trump pointed this out, Clinton, Obama, Bush allowed it to happen.
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