Quote:
Originally Posted by Rochard
I wonder how much stuff we buy from China. I was putting on a shirt the other day and was surprised that it was made in China.
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it is not what you bus for selling in your country - is is what you NEED to import for compete in the export market.
the point is not that US is importing too much - the point is that US is exporting not enough.
that means US companies are not competitive and all the future technologies where US would be able to compete are killed by the blond honk.
the US export industry will now buy from outside for a higher price and that will make the export market even harder because other will use this advantage for their industries and buy the cheap goods to produce valuable goods from it and export them at an affordable and competitive price.
trump want to win the race by telling the rest of the world to drive slower.
this will never happen. it will just cause a new global crisis what will hit the US so hard as never before. donīt forget that US have already the highest per citizen dept in the world.
to run through a crisis you need money. where shall that come from ?