Andrew Brons EU Speech: Globalism does not create jobs

11TH NOVEMBER 2010: YESTERDAY Andrew Brons made this speech in the European Parliament in Brussels yesterday during a debate on forthcoming meetings of the EU-US Summit and the Transatlantic Economic Council.

"On the agenda of the TEC meeting in December will be removing trade barriers, which is a sacred aim among globalists that owes more to faith than to reason. Economic theory never tires of telling us that international trade makes the world as a whole richer. It is more reticent about whether or not everybody in every country benefits.

"The problems that the developed world faces is not too many trade barriers but too few - that is too few barriers against the products from emerging countries like China with its low wage rates, grossly undervalued currency and its artificially impoverished home market. This means that Chinese goods, which are already low-priced because of low wage rates, become artificially lower still because of the low value of its currency. The impoverished home market means that there is negligible demand for consumer imports and even insufficient demand for Chinese goods, making China completely dependent on its export trade.

"Europe responds to this threat by saying that it will become more competitive, perhaps by research and development. This might be a possibility if China respected intellectual property rights. However, as soon as a new good or a novel improvement is developed in the West, China quite ruthlessly and without any shame copies the product and produces it at a fraction of the price.

"On the agenda of the EU-US Summit will be increasing jobs on both sides of the Atlantic. Some hope of that if we continue to embrace Globalism!"

http://www.andrewbronsmep.eu/?q=content/chinese-counterfeiting-undermines-our...

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[Goodfightlads]

End Globalism!

[DemocracyCountsx]

Andrew Brons MEP is a fantastic ambassador for the BNP.

[RockofEngland]

The developed world are the ones that have the markets, by having a comsumer society. We do the most buying. We need jobs to be able to buy

Due to mass immigration the house prices and living expenses have rocketted and wages have been depressed, taking money out of consumers pockets, we require cheaper goods

So firms out source or manufacture in the "developing" world, destroying our ability to create jobs, destroying the market, leading to a depression.

Destroying the "World economy"

[sameoldfitup2008]

Would make a good new leader of the BNP.

[alevonto]

economic crash will hit all world.We will enter great depression soon

[OzzyPatriot]

Meanwhile, Australia's grocery clerk politicians are trying to collect the debt their traitorous predecessors sign up to in the form of International treaties with the UN etc,

So the wet lands will get more water - and Australia wont even be able to feed itself. What a joke for a continent with everything a nation could need to be independent, wealthy and prosperous. Globalism = interdependence and control by the money power, Resist it.

UN out! Zionists out! NWO out!