re: Trump tells Canada they FA'd and are about to FO

*you’re

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The US can't compete on wages with Mexico. If i'm GM i'm going to build my car in Mexico because i can pay pedro pennies compared to the guy in Detroit. Also i don't have to give him health insurance. You'd need to level the playing field somehow.

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People keep saying things like this but I dont see any price premium on cars assembled in the USA vs Mexico.

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Why is it that we currently import so much stuff from these countries that everyone says we don't need?

I'm not saying you're wrong, I'm asking a sincere question.

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We do it because it's cheaper and because we can. We've been running a continuous trade deficit with the rest of the world since the early 70's? If we were trading in hard currency, we couldn't have done that; the money would have run out. But we've been trading in the world's reserve currency, the US dollar. So we run a capital account surplus to offset the trade deficit; they send us stuff, we send them dollars which they either hold as foreign reserves, loan back to us, or invest in things like US real estate, factories, equities, etc.

It's not a sustainable situation because we continue to flood the world with excess dollars year after year. If a country does that long enough, they surrender their sovereignty and they lose control of the value of their currency. For the last 15 years we've started intermittently monetizing our unsustainable debt, while continuing to pile on more unsustainable debt. The writing is on the wall; exporting dollars for commodities or finished goods is approaching its inevitable conclusion. We're gonna have to equalize production and consumption one way or another.

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and i'll bet they are worried.

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Ummm dude do you even comprehend economics and foreign trade?

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Is this a serious comment?

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Yes. When toyota moved cars to USA (and hyundai, etc.) they have not significantly increased prices nor have they had significant decrease in sales.

And on the flip side, when cars have moved to mexico, I have not seen prices decrease.

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We do it because it's cheaper

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That's what I thought.

So all of this economic isolationism is going to raise prices even higher.

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It's not a sustainable situation because we continue to flood the world with excess dollars year after year. If a country does that long enough, they surrender their sovereignty and they lose control of the value of their currency. For the last 15 years we've started intermittently monetizing our unsustainable debt, while continuing to pile on more unsustainable debt. The writing is on the wall; exporting dollars for commodities or finished goods is approaching its inevitable conclusion. We're gonna have to equalize production and consumption one way or another.

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I can respect all of that, but if that is the case, then the strategy that everyone keeps telling me that is the point of this tariff war is moot, yes?

Because won't we run a trade deficit with any country whose economy is significantly smaller than ours, regardless of whether protectionist policies aggravate that situation or not?

I mean, do we have an alternative to trading using the US dollar?

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United States, Canada, and Mexico should be free trade zones with no tariffs on anything. Not sure why this isn’t being discussed.

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Because Canada is able to do a lot of the Socialist shite they do because the US subsidizes their damn economy.

Trump is exposing that. That is precisely what the 51st State was in regards to.

Answering my question with a question.

As expected.

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Come on. I make this mistake all the time but I’m not the President of the USA. Can someone please proofread his tweets? And it’s not a troll like covefee was. I am a Trump supporter so I’m not doing a gotcha either.

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This is why people are so misinformed, because they don’t know shite. So I’ll explain it to you.

Trump doesn’t actually post his own tweets. He tells an aid what to tweet and she types it out and sends it.




Now you can step off the ledge, pussy.

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Answering my question with a question.

As expected

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No, it was answered with a statement then followed by a question. But it seems you can only stick to your regular programming and not think for yourself. Not surprised.