The Limits of 'Made in America' Economics

Discussion in 'Economics' started by OddTrader, Jul 24, 2017.

  1. How would the US manufacturers handle packaging materials in the future if MIA will be proceeded well???

    imo, just packaging materials alone would produce serious supply-chain problems in the US.

     
    #11     Jul 26, 2017
  2. See what JackRab said and then look at this https://www.tradingview.com/chart/BUND/ctRW1IQo-Correlation-between-Bunds-Dax-and-Euro/
    This is because there are a lot of exporters in the DAX30 who can export more crap when currency is cheaper.
    The euro is the greatest trade heist of the century, in favor of germany. if the DM was still around fundamental trade balance situation would have it way stronger than the EUR but by bolting themselves to a bunch of much weaker (trade wise) countries they get to use a much weaker currency than they would otherwise. The issue is these dipshits don't share the wealth so they just screw everyone else. the sole best argument of euro exits is the benefit of having your own central bank. and of course it only applies to weaker (again in trade) countries. as Varoufakis said, just how many oranges does it take to compensate one mercedes ?
     
    #12     Jul 27, 2017
  3. Humpy

    Humpy

    Some countries are already advocating paying people NOT to work.
    Artists and drop outs can do their own thing ?
     
    #13     Jul 27, 2017
  4. zdreg

    zdreg

    males from the millennials generation have already figured it out. they live with their parents rent free plus even with a favorable outcome, playing video games for hours is more enjoyable than listening to a woman for hours at end.
     
    #14     Jul 27, 2017
  5. SunTrader

    SunTrader

    Germany is glad Greece and other slouchers are in Euro, otherwise old DMark would be sky high and they would be up chit's creek.
     
    #15     Jul 29, 2017
  6. maxpi

    maxpi

    In the '80's when the USD was very weak against Japan's currency we were exporting steel to them.
     
    #16     Jul 30, 2017
  7. Humpy

    Humpy

    If Dump goes ahead with tariffs on foreign goods the prices of home made fridges, TVs, computers, autos etc will double for lack of competition.
     
    #17     Jul 31, 2017
    SunTrader likes this.
  8. [​IMG]

     
    #18     Jul 31, 2017
  9. DeltaRisk

    DeltaRisk

    Ironically, the American economy did best when protectionist policies were in place.
    But now, I'd be afraid. You've got Asian workers willing to manufacture for a fraction of the price, and robotics to deal with. The newer advanced machines can manufacture at 10x the rate of a human and a tenth of the price over time barring Asians/Indians. That's scary for mom and pop sitting on a healthy salary in the states,
    especially if your job is not essential for you to be there.

    We may have reached a new normal.
     
    #19     Jul 31, 2017
  10. imo, the only way that the US could try is innovation in order to come up with new products that would suit the China/India markets, or compete against their products through technology or patent or branding or trade-secret.

    Very heavy investments would be needed.
     
    #20     Jul 31, 2017