Rumors of Trade War will delay recovery
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Whether or not there is a Trade War... the rumor of one is enough to make investors stop, pause, wait and see and that will just delay the recovery.... and the delay will just make the depression worse...
Australia warns of trade war over US protectionism Reuters - 1 hour ago CANBERRA (Reuters) - Australia condemned the "Buy American" provisions in the United States stimulus measures on Thursday, warning the move to protect US ...
Why Europe Is Fuming About the Stimulus Package TIME - 7 hours ago By Leo Cendrowicz / Brussels Thursday, Feb. 05, 2009 AP Europe's euphoria over Barack Obama is fading fast. As Congress wrangles over the President's $819 ...
Buy American plan softened to avoid a trade war Times Online, UK - 3 hours ago Controversial “Buy American” proposals were watered down by the US Senate yesterday, as the upper house heeded President Obama’s pleas to avoid economic ...
USA, USA... just print more money and the whole world has no choice but to support the US dollar and then this.
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...but USA the country remains stable no matter how bad the situation becomes because they are a democratic country.
China is at risk if it becomes worse.
Singapore is too small for trouble but more Singaporeans will just cash out their CPF and leave. Foreigners will just leave during bad times and those that still have jobs in Singapore, will send their money home and look forward to a good life back home.
SILLIPOREANS, SILLIPOREANS.... made indebted by the cursed despots with their high costs for everyone policies and always at the losing end because there are just too many dogs licking asses here.
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CBC.caCongress Wants a Trade War
Wall Street Journal - 19 hours ago
This Buy American momentum is bad economics, and by threatening to destabilize trade and capital flows, it risks turning a global recession into a ...
Avoid trade war, Obama warns London Free Press
Will US stimulus trigger a trade war? BBC News
Buy American, buy a trade war Christian Science Monitor
Canada.com - Times Online
all 2,135 news articles »German Exporters Warn US Stimulus Risks ‘Global Trade War’
Bloomberg - 11 hours ago
“There could be a global trade war and Germany as the world’s biggest exporter would be especially affected.” Even after the US Senate voted yesterday to ...
MiamiHerald.comBuy American, spark a global trade war
Globe and Mail, Canada - 30 Jan 2009
Above all, Mr. Obama must make it clear to Congress that he will oppose beggar-thy-neighbour policies that could spark a global trade war. ...
Obama Faces Test on Trade Voice of America
Fears 'buy American' bid could ignite trade war The Canberra Times
US-EU trade war looms as Barack Obama bill urges 'Buy American' Telegraph.co.uk
The Canadian Press - Globe and Mail
all 731 news articles » -
Please lah....Consumer goods in the US are all made in China. What kind of trade war you want?......it takes certain percentage of content to be assemble in the US to qualify for made in USA .
But morally let me raise this question.
The US literally are printing money from future tax payer money within the States. The argument becomes so why are the world eye the pie? Greed perharps?
Personnally I think it might be better to let this govt fiscal stimulus package be cannibalized domestically let the US economy time to heal, and let the US consumer create Demand for consumer goods. (Consumer goods are all import)
anyway i believe the majority benefit would be going to China.....................
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Originally posted by Arapahoe:
Please lah....Consumer goods in the US are all made in China. What kind of trade war you want?......it takes certain percentage of content to be assemble in the US to qualify for made in USA .
But morally let me raise this question.
The US literally are printing money from future tax payer money within the States. The argument becomes so why are the world eye the pie? Greed perharps?
Personnally I think it might be better to let this govt fiscal stimulus package be cannibalized domestically let the US economy time to heal, and let the US consumer create Demand for consumer goods. (Consumer goods are all import)
anyway i believe the majority benefit would be going to China.....................
You said "the majority benefit would be going to China."
That is what it looks like. That is the outward appearence. The reality is somewhat different. The reason why the US buys from the coolie economies of Asia partly stems from the fact that the coolie economies' government are lending the USA US Dollars (question mark whether they can get back the same amount they lend) to buy their goods.
I repeat, they are lending the USA US dollars. The USA on the other hand, just print more and more US Dollars.
If that is what you call "benefit", I call that stupidity.