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Thread: Obama wants to avoid 'trade war'

  1. #61
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by Rodney View Post
    I have to hazard a guess here,"you don`t have a clue,you are clueless,about the economic crash"? I thought so.
    That's the best you got? The US economy back then was estimated to be around 20% reliant on free foreign trade. Cutting that effectively to zero has obvious impacts and that's not even talking about the indirect spending from foreign related industries.
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    Re: Obama wants to avoid 'trade war'

    Buy American Clause = Worst Idea Ever.

    A trade war will set off an international cascade of economic collapse. The benefits of free-market economics are not constrained by arbitrary lines in the sand. Mutually beneficial trade agreements between consenting parties is always good. If a foreign business provides a good or service at a better price than their American counter-part it is the moral right of the American consumer to dispense with their money as they see fit. This encourages competition and the consumer derives a net benefit from the lowered cost of business.

  3. #63
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by Ethereal View Post
    Mutually beneficial trade agreements between consenting parties is always good.
    Aside from a massive apocalyptic disaster which prevents from utilizing major transportation systems. Same problem with JIT.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  4. #64
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by obvious Child View Post
    Depends what you mean by "harm." Economic warfare can be waged by limiting the access to a specific resource where you prior normally had no barriers. Furthermore, trade barriers that restrict the trade of military secrets could come back and hurt us. In terms of pure civilian uses, you're correct, but when we add in geopolitical power struggles, you're not.
    I have no problem with exempting weapons or military technology from this. But in general, trade barriers of non-dangerous products harms all nations involved.
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  5. #65
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by Maximus Zeebra View Post
    Then you do not remember the huge protests and demonstrations in south Korea just recently, over the government plans to lift the ban.. I have no idea why, I don't really follow the beef issue, but for Europe, its completely unnecessary to have a ban on US meat, after all we have rigid procedures for checking incoming batches of meat, that should be enough to guarantee safety, especially with the disease rate of US meat being so low..
    I do remember them, but that was several months ago. The government lifted the bans, just as governments in Japan and Taiwan had.
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by ludahai View Post
    I do remember them, but that was several months ago. The government lifted the bans, just as governments in Japan and Taiwan had.
    Several months ago is not "long since"..
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  7. #67
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by Maximus Zeebra View Post
    Several months ago is not "long since"..
    We have different definition then. In the world today, a lot happens in several months. It's been over seven months now.

    And in the other countries I referenced, Japan lifted the ban in July 2006 and Taiwan in April 2005.
    Last edited by ludahai; 02-07-09 at 04:44 AM.
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by Ethereal View Post
    Buy American Clause = Worst Idea Ever.

    A trade war will set off an international cascade of economic collapse. The benefits of free-market economics are not constrained by arbitrary lines in the sand. Mutually beneficial trade agreements between consenting parties is always good. If a foreign business provides a good or service at a better price than their American counter-part it is the moral right of the American consumer to dispense with their money as they see fit. This encourages competition and the consumer derives a net benefit from the lowered cost of business.
    Wow, for once we completely agree.
    Europe is illegally occupied by the US

  9. #69
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    Re: Obama wants to avoid 'trade war'

    Quote Originally Posted by ludahai View Post
    We have different definition then. In the world today, a lot happens in several months. It's been over seven months now.

    And in the other countries I referenced, Japan lifted the ban in July 2006 and Taiwan in April 2005.
    When exactly did the ban start? Thats the only way to measure time in that particular "conflict", ban start, todays date and ban end.
    Europe is illegally occupied by the US

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