Just Shameful.

Nick Grana · #1 July 10th, 2006, 03:39 PM

China's Trade Surplus Rises to Record $14.5 Billion.
The U.S. Trade Deficit increased to $63.4 billion in April.
Easy to see why. Even Japan out-sources to China.
We shoot ourselves in the foot every day. It's our own fault.
The U.S. only has mostly services to sell. We sure as he!! don't make anything.
Wal-Mart should change their name to China-Mart.

renegade600 · #2 July 10th, 2006, 03:42 PM

who cares, this is an international help forum - not an american idealogy forum.

jmtjet · #3 July 10th, 2006, 03:53 PM

The reason we won WW II was because we had the factories already in place to produce the goods necessary for our armed forces. The only thing needed was to re-tool to make war time machines from peace time products. The factories are no longer here. They're in China or Taiwan now. If we had a major war now, we couldn't build factories fast enough to produce the machines need to defend our selves. Our freedom and way of life is in jeopardy because of the trade deficit, and the rest of the world knows it.

Nick Grana · #4 July 10th, 2006, 04:51 PM

Bite me renegade. Keep your stupid opinions off my posts.
You do this way too much. Totally uncool. But I do consider the source and know you can't help the way you are.

renegade600 · #5 July 10th, 2006, 05:11 PM

Quote:

Originally Posted by Nick Grana

Bite me renegade. Keep your stupid opinions off my posts.
You do this way too much. Totally uncool. But I do consider the source and know you can't help the way you are.

so you want to speak your mind but don't want others to speak theirs when they have opposing views. I will continue to post my views in threads that interest me,

minorgeek · #6 July 10th, 2006, 05:18 PM

Is a trade defecit bad? If so, why? Happens to me everyday at the local store.

jmtjet · #7 July 10th, 2006, 06:54 PM

This article explains it pretty well;

http://en.wikipedia.org/wiki/Trade_surplus

black mirror · #8 July 10th, 2006, 07:09 PM

Ive got made in China stamped on my bottom

Years ago anything made in China was cheap and cheerful.. you look now at items you buy.. you would be surprised what actually is Made In China

minorgeek · #9 July 10th, 2006, 07:14 PM

My point entirely. As long as you have the capital and a level playing field, i.e. a fair and flucuating exchange rate, it is meaningless. Follow the dollar and ignore the rest. The real problem is the value of the dollar in relation to the euro, and even that makes our tourism more attractive. Bottom line: we have more disposable income, therefore something must be clicking. You cannot spend what you don't have.

Nick Grana · #10 July 10th, 2006, 09:53 PM

Foolishly excessive trade surpluses are a greater danger than foolishly excessive trade deficits?

Excessive trade surpluses can go on forever but if you run a trade deficit every year, bankruptcy will eventually force you to stop?

I don't think so in this case. We just mint more money and then borrow more.
Actual balance is the key.
This applies to all international trade and all countries.

lufbra · #11 July 10th, 2006, 10:52 PM

Quote:

so you want to speak your mind but don't want others to speak theirs when they have opposing views.

Oh boy, has the PM arrived yet telling you all kinds of nasties?

I got one some weeks ago, quite offensive it was too. Had it not been for some kinda Mod/Admin judgement call here, Mr Nick Grana would have been finding another forum to rant his "patriotic/racist" posts.

Nick Grana · #12 July 11th, 2006, 01:57 AM

lufbra and renegade must be natural brothers. Same mind set.

Both on ignore list.

lufbra · #13 July 11th, 2006, 03:37 AM

Where's me latest threatening PM?

Quote:

Both on ignore list

Sigh, like we'd care, it just shows how great you are, calling names then running like a little kid, who changes your nappy for ya's?

oracle128 · #14 July 11th, 2006, 07:33 AM

Quote:

Originally Posted by jmtjet

The reason we won WW II was because we had the factories already in place to produce the goods necessary for our armed forces. The only thing needed was to re-tool to make war time machines from peace time products. The factories are no longer here. They're in China or Taiwan now. If we had a major war now, we couldn't build factories fast enough to produce the machines need to defend our selves. Our freedom and way of life is in jeopardy because of the trade deficit, and the rest of the world knows it.

Don't be silly. That's what the nukes are for!

Quote:

Originally Posted by lufbra

Sigh, like we'd care, it just shows how great you are, calling names then running like a little kid, who changes your nappy for ya's?

Come on Dave, get with the times. Adult diapers are all pull-ups

Quote:

Originally Posted by Nick

Foolishly excessive trade surpluses are a greater danger than foolishly excessive trade deficits?
Excessive trade surpluses can go on forever but if you run a trade deficit every year, bankruptcy will eventually force you to stop?
I don't think so in this case. We just mint more money and then borrow more.
Actual balance is the key.
This applies to all international trade and all countries.

Question: who would the US file bankruptcy to? *

*Disclaimer: This post was created by a seemingly intelligent person with absolutely no idea about geography and world trade/economics. He thinks the solution to a country's money troubles is to "just make more of it". He was once asked to pinpoint the state of New York on a globe - he pointed to Antarctica.

dammit · #15 July 11th, 2006, 02:44 PM

Now now girls..... play nice.