Quote:
Originally Posted by Sarn
The problem is, while globalization tends to increase overall wealth ? the pie gets bigger ? not everyone gains equally, and some actually lose. The angry U.S. blue-collar workers plumping for Trump and the rural anti-EU voters in Britain, for instance, see globalization as a project that benefits the elites at their expense. There is some truth to this. In the U.K., this contributed to the Brexit vote, and in the U.S., this helped bring Trump to the presidency. While Brexit has not yet happened, and while there is no telling what Trump will do when actually in office, the political debate has clearly shifted against economic openness.
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but the point is that WE DO KNOW IT now already because trump IS in office since a year and all he did are mistakes...
what you also mention in your next quote:
Quote:
For most of the past 25 years, globalisation was seen as an unstoppable force, as sure to advance as the sun rises in the east. But increasingly, it looks more vulnerable than inexorable. Causes for concern are easy to find. For instance, the last set of World Trade Organisation negotiations over further trade liberalization, the Doha Round, was a failure; Donald J. Trump has disavowed free trade agreements such as NAFTA and the Trans-Pacific Partnership (TPP); Brexit will reduce economic integration between the United Kingdom and the European Union, and possibly between the U.K. and the world; and regional opposition almost scuppered the Canada-EU Comprehensive Economic and Trade Agreement (CETA). Is the age of globalisation coming to an end?
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what this part is telling is that NOBODY ever believed that the motor of globalization can be stopped by ignorants. it is such an obvious (and one and only chance) to grow and it was the only motor in thousands of years experience in economy.
worlds wealth STARTED by trades with other countries and to stop that trades will have the opposite effect. it is silly to think that it can work different - prosperity would implode. we have THOUSANDS OF YEARS of approval for that.
and it does not matter if a country makes more and another less in one century because the laws of economy are waves with ups and downs. there can not be a winner if there is not a looser on the other hand. but a looser is not good for the economy so the others will automaticly take care that the loser can go back into the game.
this is what actually happening in greece, spain, portugal and even in countries what havenīt been on the list a few centuries ago.
look the growth of india - look what they imported from other countries 10 years ago and look what they import today. and imagine HOW MANY they are !!!
the same we can see in china and even russia with all the sanctions they are suffering is doing ok because they simply ignore the markets where they got blocked. the only one who suffer from this sanctions are the countries who can not sell to them.
it is fucking stupid to think that force will not result in back force.
if we use our energy to force each other it can not result in prosperity.
we should compete but respect when someone else does some things better.