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BANGKOK 23 July 2019 11:56
Scott

SURVEY: Trade Wars -- necessary or not?

SURVEY: Trade Wars -- necessary or not?  

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On 5/19/2019 at 7:56 AM, ChouDoufu said:

we WERE producing these things ourselves, but the bean-counters at the multinationals decided to move to china specifically for the "negatives" you cited.  as they say:  it's a feature, not a bug.

 

they offshored our jobs to save the costs of environmental protection, worker safety, pensions, disability and social security, etc.

 

totalitarian states are the best for the bottom line, as they have no unions, workers have no rights, and inspections/enforcement are tied to the thickness of whatever color envelope.

 

but don't expect after tariffs that textiles and plastic bucket production will be returning.  those multinationals owe allegiance to no country; they'll just pack up and move to vietnam......where they'll continue production in chinese-leased industial parks on chinese made machinery with chinese materials, and then loaded onto chinese ships at the chinese-controlled port facility.  and the products will have "assembled in vietnam" labels.....made in china.

 

if not vietnam, then myanmar or one of the 'stans -- with tariffs dropped to ensure their assistance in containing china/russia/enemy-of-the-week.

As the west pumped billions into their economies the multinationals just borrowed cheap money and invested in China, Mexico, the EU companies moved jobs from western to Eastern Europe again on cheap money and EU grants.

 

if we don’t start supporting our own economies we will be lost to China gaining an unfair advantage in both Company ownership and technology theft and transfers  

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Cannot but worry about seeking a confrontation with China. Historic precedence of protectionistic policies paints a worrying picture. How can it be that the mantra of free trade, that to such extent has defined western civilization, now gets abandoned  in favour of protectionism ? My prediction ( from the bottom tier of society ) is that China will realize that they can do nothing about EU and US barring them from their markets, but will consolidate their position in third party areas like Africa, India, Russia other areas. If challenged there I believe in armed confrontation.  

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16 hours ago, Patriot1066 said:

As the west pumped billions into their economies the multinationals just borrowed cheap money and invested in China, Mexico, the EU companies moved jobs from western to Eastern Europe again on cheap money and EU grants.

 

if we don’t start supporting our own economies we will be lost to China gaining an unfair advantage in both Company ownership and technology theft and transfers  

Yet how can you support your economy when your own companies move their production abroad, in search of slave workers? 

 

You can cut your market from China, even 100%, that doesn't mean that production will come back home, it will simply and quickly move to Vietnam or Cambodia. 

 

Trump is very naive, risking war, hot war not trade war, with China for absolutely nothing in return in the long run... 

 

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20 minutes ago, Brunolem said:

Yet how can you support your economy when your own companies move their production abroad, in search of slave workers? 

 

You can cut your market from China, even 100%, that doesn't mean that production will come back home, it will simply and quickly move to Vietnam or Cambodia. 

 

 

 

 

 

Lots of things you can do. You can pass a law that says that if your company hopes to sell it's product in our country xx.x% of production must take place in our country. If the business chooses not to meet that number you impose tariffs based upon how far they have missed the mark.

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On 5/18/2019 at 10:49 PM, Scott said:

Please feel free to leave a comment.

Don't think trade wars do any good and my thoughts on US having one with China if it's headed for a long run I believe the outcome will be worse for the US IMHO.

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Simple. Don't trade with the enemy. China is the enemy.

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The survey question give's the wrong information. Not really a surprise the media promotes more lies. Everyone knows China has been stealing from the West. Now, finally a US President doesn't allow Chine to continue its unfair practices, the leftist call it retaliatory... Get real  

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