New San Francisco bridge built in China to be shipped to US

Discussion in 'Economics' started by Founder, Jul 7, 2011.

  1. Banjo

    Banjo

    #11     Jul 7, 2011
  2. You do know that the US doesnt have a yuan printing machine right? We pay the chinese in dollars that can only be eventually spent in the US. We are the eloi and chinese are the morlocks.
     
    #12     Jul 7, 2011
  3. gtor514

    gtor514

    It's kind of ironic.

    The liberal left wing socialist State of California used capitalism in order to decide to give Chinese socialist their business over U.S. Steel Worker socialist unions.

    Because it's cheaper.

    What do we call that Capitalist-Socialism?
     
    #13     Jul 7, 2011
  4. Founder

    Founder

    They are spending less and less in US, why else would Fed step in and buy US bonds on mass.
     
    #14     Jul 8, 2011
  5. LeeD

    LeeD

    America is a "free" country. So, everyone thinks first and foremost about their own bottom line.

    To make the matters worse, giving job to hardworking Americans is not generally considered "charitable". Most prefer to give money towards help to the terminally ill or to starving people in a remote country the giver can't find on the map.
     
    #15     Jul 8, 2011
  6. The laws of free trade are not compatible with nation states. While building the bridge in China is cheaper, all it does is send money to the chinese workers and chinese government. Depending on what company built it, sending money to the chinese company too. In simple terms, the US trade deficit rises, which is bad as we know.

    But for free trade it's great. The company that can build that bridge for the best value won the contract, while the more inneficient companies go bankrupt, so the GDP of the world goes up.

    The US government (both parties) support this kind of free trade, even if it hurts the US, because they hope that the chinese profits will trickle in the US eventually. They want a globalized economy where the best company, anywhere, succeeds, and then magically injects its profits in the poorest country, making everyone happy.

    But as long as nation states exist, that will not happen. The Chinese government has no intention of letting that money flow to the US, they want the money to flow through China.

    It's actually a classic case of the prisoner's dilemma. China is the "cheater", but there's nothing you can do short of blowing up the system.

    This is simply something that will never be rectified, and people will complain endlessly, and there will be never ending debates where someone will be called a socialist for believing in the "USA". The truth is that the richest capitalists have stopped believing in the USA, they can simply invest their money in the chinese bridge company and move to Hong Kong. The only people that still (and need to) believe in the USA are those that are not mobile, aka. the plebs.
     
    #16     Jul 8, 2011
  7. Founder

    Founder

    What do you think would happen to China if they decided not to grow but expand military perpetually?

    The Key to growth and success is LESS killing, MORE dealing
    US dumps 47% of entire budget into Military, no other country on earth does that.
    US can be saved if people in power gave up imperialism.

    Here is a chart to ponder.

    [​IMG]
     
    #17     Jul 8, 2011
  8. Because it would have required raising taxes. And voters refuse to do that.

    Yes, they are cutting their own throats, but what can you do, democracy lives and dies by the foresight of the electorate.
     
    #18     Jul 8, 2011
  9. Founder

    Founder

    Excuse me sir

    Do you have a calculator nearby your desk. Have you ever calculated the amount of money that goes into military.

    There is no need to increase taxes if you cut down on imperialism you buffoons

    oh and by the way

    THERE IS NO DEMOCRACY IN USA, YOU ARE ALL PROPERTY OF THE FED
    and every president since Kennedy is employee of the FED

    This forum is for plebs to waste time

    I am gone
     
    #19     Jul 8, 2011
  10. Very nice.

    And how does using the language skills of an 8 year old help you make your point?
     
    #20     Jul 8, 2011