"NOYB" wrote in message
ink.net...
This is the silliest statement of your post. Who would the EU, Brazilian,
and Japanese Corporations sell their products to if the US quit doing
business with China?
Why, China of course.
First of all, overnight, China would lose almost 20% of its export
business.
There'd be a huge surplus of goods with nobody to sell them to.
These goods would be immediately rerouted to other nations who could and
would immediately purchase them at a discount.
Secondly, the EU and Brazil have unemployment rates that are around 10%.
(Germany's is up over 12%) Suppose the EU and Brazil rushed to fill the
void left by American companies. How high would that push the current
rate?
Your knowledge of international trade needs to be upgraded. The trade with
China and the increased prescence of the European Economic Community and
Brazil into China would reduce the unemployment rate in those countries NOT
increase it.
15% unemployment? 20%? As Henry Ford pointed out, you have to pay your
workers enough that they can afford to buy your product. The Chinese
don't;
consequently, they must rely on export.
Now you are really showing you have limited knowledge of China. It has
the fastest growing economy in the world and it has the largest consumer
base in the world.
Who will they export to? Not the US.
True.....
And not the EU because the EU will have too many unemployed people to
purchase the goods.
Not true. Read again the trade figures for the EU
If the US pulled out of the Chinese economy, we'd be hurt, particularly in
the short term...
True......
but they'd be devastated to a point from which they'd never recover.
China would not be devastated at all if the US pulled out of the Chinese
economy. The US would be replaced by others that are willing to participate
in Global Trade.
Jim Carter
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