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Do We Need a New Precedent? Re: (Global Trade)

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Forum topic by poopiekat posted 12-22-2011 01:42 AM 786 views 0 times favorited 2 replies Add to Favorites Watch
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poopiekat

4225 posts in 3201 days


12-22-2011 01:42 AM

I don’t get it. I just don’t get it. What is the big hoopla about international trade, anyway? Who needs it? Seriously? One country always gets scrawed by the other, if not in the short term, then in the long term. Problem is, international trade always results in an imbalance between the trading partners. North America does not need international trading partners. We can produce virtually everything we need domestically. We would all enjoy a much higher standard of living if we produced all of our own manufactured goods. And, additionally, if we did not fool ourselves into thinking that we somehow NEEDED to sell our manufactured goods offshore for additional revenue, that would be even better. I wish someone would create a model by which a country could derive self-sufficiency with internal trade only without depending on either foreign suppliers or customers. Or, just maybe, if woodworker ‘Joe’ buys 1000 bf of exotic lumber for $6000 from Exotoland, somebody in THAT country must buy $6000 in goods from us, a one to one ratio to keep it fair. But I hate the thought of our money going offshore. It doesn’t come back. Is there even ONE country in the world who has a trade surplus with us?
Oh, and… a big BLOCK-OLA to anyone who has an axe to grind about partisan politics here. No one political party is more guilty of our economic mess than another. What say you?

-- Einstein: "The intuitive mind is a sacred gift, and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift." I'm Poopiekat!!


2 replies so far

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Sawkerf

1730 posts in 2535 days


#1 posted 12-22-2011 04:00 PM

The answer to your question would involve far more time and words than would ever fit in a single response.

You ask “Who needs it?” and the short answer is ”Everyone – whether we like it, or not.”

You wish someone would create a model by which a country could derive self-sufficiency with internal trade only without depending on either foreign suppliers or customers.

Ok, let that someone be you. Who is stopping you from running your life in accordance with that model? Go for it. If you can make it work, others will follow and your vision might be realized. If it doesn’t work, you’ll have a much better understanding of 21st century economic reality.

-- Adversity doesn't build character...................it reveals it.

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poopiekat

4225 posts in 3201 days


#2 posted 12-23-2011 12:58 AM

Hey, Sawkerf,
Most of us will never find it feasible to pursue entrepreneurial woodworking, based on the promoted myth of the ‘necessity’ of international trade. I already have a lifelong history of experience dealing with the negative impact resulting from our dollars hemmorhaging to offshore pockets. I’m just hoping for some dialog with others who’d like to share their own similar experiences.

-- Einstein: "The intuitive mind is a sacred gift, and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift." I'm Poopiekat!!

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