SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Big Picture - Economics and Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (453)11/30/1997 10:55:00 AM
From: Mike M2  Read Replies (1) of 686
 
GZ, I would agee that profit margins can increase with cheaper Asian parts but what about the impact on employment in the US? companies can only sell if the consumer has money to buy. IN SE Asia they looked to Japan as their economic model- use non tariff trade barriers to keep out imports.When was the last time we had a trade surplus with Japan or any SE Asian nation? Trade deficits mean lost jobs and purchasing power. There will come a point in time when the US can no longer be the buyer of last resort. The US consumer cannot continue this debt fueled consumption binge forever. Look at the record debt levels,deliquencies and bankruptcies along with slow wage growth. BTW I knew that post was to me-g-Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News