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Kidicious is offline Kidicious
Settler
Diety of Kidiverse
Mar 2003
time: 21:32
  Old Post 28-04-2005 01:28 Visit Kidicious's homepage!
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quote:
Originally posted by Imran Siddiqui


No, are you? How long do you think it takes to build a factory? These people aren't standing around 5 years later waiting patiently for their factory to be built. It may be quicker to build a new factory that it would be retrofit a factory 'base' for what is required for a society after a world economic collapse. Hint, it probably won't be for what those manufacturing plants are used for now.


You have a D- understanding of economics and even business. Here's a clue. Start to understand the effect of constraints on a system.

Imran Siddiqui is offline Imran Siddiqui

Deity
The Potterverse
Jan 1970
time: 00:32
  Old Post 28-04-2005 02:26
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quote:
You have a D- understanding of economics and even business.


From you, I'll take this as a compliment. Seeing as how the consensus around here is that you have an F understanding of economics, if I disagree with you, I'm bound to be on the right path.

quote:
probably much sooner, and probably involving the entire world.


Oerdin is offline Oerdin
King
of Internet Music.
Sep 2001
time: 21:32
  Old Post 28-04-2005 02:28
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quote:
Originally posted by Kidicious
You missed the point. Don't ***** about not being able to export to China if you don't even try. Five other economies export more to China because they make the effort to.


Is it because they try harder or is it because they've erected better response to China's trade distorting plicies?

Kidicious is offline Kidicious
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Mar 2003
time: 21:32
  Old Post 28-04-2005 02:32 Visit Kidicious's homepage!
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quote:
Originally posted by Imran Siddiqui
quote:
You have a D- understanding of economics and even business.


From you, I'll take this as a compliment. Seeing as how the consensus around here is that you have an F understanding of economics, if I disagree with you, I'm bound to be on the right path.


You probably have trouble putting your pants on in the morning because you try to put both legs in at the same time.

Kidicious is offline Kidicious
Settler
Diety of Kidiverse
Mar 2003
time: 21:32
  Old Post 28-04-2005 02:34 Visit Kidicious's homepage!
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quote:
Originally posted by Oerdin


Is it because they try harder or is it because they've erected better response to China's trade distorting plicies?


The US better start doing something to distort its trade. The Chinese don't have a huge overall trade surplus. Actually I think they pretty much have a balance, as they should.

Oerdin is offline Oerdin
King
of Internet Music.
Sep 2001
time: 21:32
  Old Post 28-04-2005 02:42
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quote:
Originally posted by Imran Siddiqui
From you, I'll take this as a compliment. Seeing as how the consensus around here is that you have an F understanding of economics, if I disagree with you, I'm bound to be on the right path.


You are to kind. Kid has at least an F- average when it comes to economics.

I am still flabergasted by kids claim that tax cuts never help an economy.

Kidicious is offline Kidicious
Settler
Diety of Kidiverse
Mar 2003
time: 21:32
  Old Post 28-04-2005 02:43 Visit Kidicious's homepage!
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Lose 30 kilos (of popups)

So say the band of idiots.

Kidicious is offline Kidicious
Settler
Diety of Kidiverse
Mar 2003
time: 21:32
  Old Post 28-04-2005 02:44 Visit Kidicious's homepage!
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quote:
Originally posted by Oerdin
I am still flabergasted by kids claim that tax cuts never help an economy.


Whoha is offline Whoha
King
The TOC is supposed to be classified guys...
Dec 2001
time: 23:32
  Old Post 28-04-2005 02:49
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quote:
Originally posted by Oerdin
I am still flabergasted by kids claim that tax cuts never help an economy.


If it all got spent at wallmart it didn't help our economy. Bush has pumped probably record setting stimulus into the economy, but the people seeing the record setting growth from that stimulus are overseas.

Kidicious is offline Kidicious
Settler
Diety of Kidiverse
Mar 2003
time: 21:32
  Old Post 28-04-2005 02:52 Visit Kidicious's homepage!
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I certainly never said that tax cuts never help the economy. If the constraint to the system is that people aren't spending enough then tax cuts can help the system. Tax cuts don't always fix problems though obviously. It depends on what the constraint it. That's what the free market people don't understand. You don't fix things unless you realize that the problem can be in various areas. You can't dogmatically fix problems as thought it were the same problem reaccuring.

Urban Ranger is offline Urban Ranger
Apolyton Duke of Off-Topic

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The City State of Noosphere, CPA special envoy
May 1999
time: 13:32
  Old Post 28-04-2005 07:14
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quote:
Originally posted by chegitz guevara
SCOTUS aren't bureuacrats and they are selected by our representitives and go through a confirmation process and can be impeached and their decisions can be overturned by an act of Congress in many cases.


So is your representative to the WTO, che. That person has far less power than a SCOTUS judge and can be removed far more easily.

quote:
Originally posted by chegitz guevara
The power of SCOTUS is neither absolute nor unaccountable. The power of the WTO is.


How? Each country can ignore WTO rulings if it wishes to. In fact, the WTO doesn't have much in terms of power. So the US can put up trade barriers and other countries can retaliate - it's much the same way before the WTO came into being.

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:32
  Old Post 28-04-2005 07:30 Visit chegitz guevara's homepage!
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quote:
Originally posted by DanS
What gives him a free pass?


The fact that it was U.S. government interference that ensured that these countries were exceedingly poor and their people were cowed by the government.

Imran Siddiqui is offline Imran Siddiqui

Deity
The Potterverse
Jan 1970
time: 00:32
  Old Post 28-04-2005 07:40
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And UR continues to PWN che .

Lawrence of Arabia is offline Lawrence of Arabia
King
of the Gulag Archipelago
Apr 2001
time: 06:32
  Old Post 28-04-2005 07:40
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quote:

You are to kind. Kid has at least an F- average when it comes to economics.


F-? i didnt even know they gave they out!

Kidicious is offline Kidicious
Settler
Diety of Kidiverse
Mar 2003
time: 21:32
  Old Post 28-04-2005 07:53 Visit Kidicious's homepage!
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WTO sooooo doesn't have power.

Whoha is offline Whoha
King
The TOC is supposed to be classified guys...
Dec 2001
time: 23:32
  Old Post 28-04-2005 07:57
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The WTO has the power we vest in it. Bush could have told the WTO off and threatened to retaliate against tariffs placed in response to our anti-dumping measures, and we would have won that fight, the Europeans would have either backed down, or learned a very,very painful lesson.

Urban Ranger is offline Urban Ranger
Apolyton Duke of Off-Topic

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May 1999
time: 13:32
  Old Post 28-04-2005 08:26
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quote:
Originally posted by Whoha
China understands that one does not trade with her enemies, only her allies.


You seem to be stuck in the Cold War mentality here.

quote:
Originally posted by chegitz guevara
However, China is perfectly willing to close the trade gap between itself and the US, perhaps even run a massive trade deficit with the US for a while, the Price you may be asking? Arm the Communist Regime with all of our most advanced weaponry.


US weapons are way overpriced.

quote:
Originally posted by chegitz guevara
After a few years of that however, we'd be back to square 1, but with stealth bombers pointed at us.


Stealth bombers are expensive, useless pieces of junk that requires forward bases.

Urban Ranger is offline Urban Ranger
Apolyton Duke of Off-Topic

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May 1999
time: 13:32
  Old Post 28-04-2005 08:29
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quote:
Originally posted by Whoha
The WTO has the power we vest in it.


That's pretty much it. If you don't obey the decsions the WTO can't really make you.

quote:
Originally posted by Whoha
Bush could have told the WTO off and threatened to retaliate against tariffs placed in response to our anti-dumping measures, and we would have won that fight, the Europeans would have either backed down, or learned a very,very painful lesson.


A trade war is bad for all the parties concerned. Besides the so called anti-dumping measures are just excuses of protectionism.

Whoha is offline Whoha
King
The TOC is supposed to be classified guys...
Dec 2001
time: 23:32
  Old Post 28-04-2005 20:55
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quote:
Originally posted by Urban Ranger
You seem to be stuck in the Cold War mentality here.

I am waiting for a refutation of my point. And it isn't a cold war mentality, it goes all the way back throughout the sum total of all of human history.
quote:

US weapons are way overpriced.

Global Dominance ain't cheap
quote:

Stealth bombers are expensive, useless pieces of junk that requires forward bases.


China is getting those bases.

quote:
Originally posted by Urban Ranger
That's pretty much it. If you don't obey the decsions the WTO can't really make you.

My point is that there are more then a few in the united states who would worship at the altar of the WTO. Their word is effectively law.

quote:

A trade war is bad for all the parties concerned.

Which is why the side that stands to lose a hell of a lot more has a good reason to back down,especially for the people who were absolutely not effected by those anti-dumping measures who piled onto the suit.

Spiffor is offline Spiffor
Emperor
CPA - Evil Clone brigade
Nov 2001
time: 06:32
  Old Post 28-04-2005 21:08
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quote:
Originally posted by Whoha
The WTO has the power we vest in it. Bush could have told the WTO off and threatened to retaliate against tariffs placed in response to our anti-dumping measures, and we would have won that fight, the Europeans would have either backed down, or learned a very,very painful lesson.

And so would you.

Your view of trade wars remind me of NYE's view on nuclear wars: "you have only a few hundreds of nukes while we have THOUSANDS! Bring it on!".
Countries initiate war only when they believe they stand more to gain than to lose. They rarely care about what the others lose, only on what they lose themselves. If a commercial war had meant a grave economic crisis in the US, and a much worse end result than settling the issue, then the US leadership has been wise to avoid it.

 
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