China sell things and buy less not because they are cheap factory workers. Its a wast country with huge resources. Quite natural that they sell more than what they buy.
We've tried free trade and seen how well that has worked to gut our means of production. How has that strengthened us as a country? Let's go back to some protectionism. Our main competitors use protectionism. It works for them. We grew economically as a result of our protectionism from 1789 to 1913. The destruction of the middle class wages is very dangerous to the experiment called America.
@goinsane71 you already lost the game..china has surpassed india's rising economy. you guys can't build bridges and let alone can't host events on time.
@gbilios We havent and will not lose game aganist china.. because... we play different games.. their game is manufacturing. Ours is software and services. how can someone playing cricket lose aganist someone playing football ?... Then our kind of *rise* dont need much bridges.. we only need better cables.
China sell things and buy less not because they are cheap factory workers. Its a wast country with huge resources. Quite natural that they sell more than what they buy.
goinsane71 8 months ago
This video is TOTALLY false. This video's title should be 'PROTECTIONISM to fix American economy'. Go ahead, try it see if it works.
1999smiley 2 years ago
We've tried free trade and seen how well that has worked to gut our means of production. How has that strengthened us as a country? Let's go back to some protectionism. Our main competitors use protectionism. It works for them. We grew economically as a result of our protectionism from 1789 to 1913. The destruction of the middle class wages is very dangerous to the experiment called America.
ashevillejax 2 years ago
Comment removed
gbilios 2 years ago
@gbilios India is a Pawn ? hahahaaa.. a pawn, when it reach the other side becomes a Queen.. Just wait and see that....
goinsane71 8 months ago
@goinsane71 you already lost the game..china has surpassed india's rising economy. you guys can't build bridges and let alone can't host events on time.
gbilios 8 months ago
@gbilios We havent and will not lose game aganist china.. because... we play different games.. their game is manufacturing. Ours is software and services. how can someone playing cricket lose aganist someone playing football ?... Then our kind of *rise* dont need much bridges.. we only need better cables.
goinsane71 7 months ago
Excellent!! You should start a channel i will subscribe!!
blakaxe 2 years ago
Best economic video on youtube!
noncompliant2 2 years ago 3