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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: maceng2 who wrote (1059)3/11/2002 11:29:18 PM
From: craig crawford  Read Replies (1) of 1643
 
>> So, is competition good or bad? <<

fair competition is good. i'm all for free trade between nations that operate with the same standards we do. of course many nations we trade with do not play by the same rules. there is no such thing as fair "free trade". some people think we should play fair in a gesture of goodwill or in an effort not to upset our allies. hooey. we need to let them know that they are the ones that need to play fair first if they want to play with the big boys. they have more to lose in a trade war than we do.

>> I'm not for "free trade" myself unless there are some world standards applied to accountancy, working conditions, safety, and enforced by an effective "world police", like a beefed up UN. We don't have either yet. <<

beefing up the UN is the last thing i want. we should withdraw from the UN and the WTO. i don't want a global police force with the power to tax me. we are already a slave to our federal government, i'll be damned if i want a global godless authority encroaching on what few liberties i have left.

>> On one hand we hear blah blah blah fair market, free competition. <<

saying you're for free trade is like saying you're for peace. no one really wins in a trade war. so politicians like to talk like they are for free trade, just like reagan would talk a good game in the 80's as he was conducting an arms race with the soviets. just as you have to negotiate military matters from a position of strength, so must you negotiate matters of economic warfare. tariffs or threats of tariffs do just that.

we have the single greatest marketplace in the world. every country wants access to it. there is nothing wrong with asking other countries to pay for access to our market, since the freedoms and standard of living our citizens enjoy are what makes our markets so enticing.
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