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Old 03-10-2018, 03:09 AM  
thommy
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Join Date: Jun 2003
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Quote:
Originally Posted by OneHungLo View Post
You don't know shit about markets so shut the fuck up
but you know a lot, right ?

so maybe you also know that this happend before in 2002 ?

and maybe you also know that it caused the lost of 200.000 jobs and 4 billion in wages in just 10 month?

and maybe you also know that in whole USA are just 140.000 jobs in producing steel but
6,5 million jobs in steel processing, do you ?

so the maths is simple.
maybe trump creates 100.000 jobs more in steel manufactoring and this 100.000 will be a part of the 1 million who will lose their job in steel processing.

now letīs go a bit further and say that 50% of the products what are produced with american steel are for the export market (in real it is more than that) your country will not be able to deliver on competitive prices and even more jobs will be lost.

i think you need to swallow this bitter pill once to understand the complexity of the international trade market.
you need cheap imports and cheap workers more than any other country in the world.

if trump would be able to go on with his stupid ideas might create new jobs in the headhunting biz what tries to get the mexicans back by paying them a premium

here read it you economic genius
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