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Strategies & Market Trends : Africa and its Issues- Why Have We Ignored Africa? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (872)	11/3/2007 4:58:28 PM
From: sea_urchin	Read Replies (1) \| Respond to of 1267

Tim > In any case the point is not the trade balance, but the fact of record exports, which strongly argues against the assertion that the US doesn't sell anything anyone wants to buy. My post was a response to Gus, I didn't initiate this discussion. He quoted a book reference which asserts: "Ex–Chicago Tribune correspondent Longworth (Global Squeeze) paints a bleak, evocative portrait of the Midwest's losing struggle with foreign competition and capitalist gigantism. It's a landscape of shuttered factories, desperate laid-off workers, family farms gobbled up by agribusiness, once great cities like Detroit and Cleveland now in ruins, small towns devolved into depopulated rural slums haunted by pensioners and meth-heads. But the harshest element of the book is Longworth's own pitiless ideology of globalism. In his telling, Midwesterners are sluggish, unskilled, risk-averse mediocrities, clinging to obsolete industrial-age dreams of job security, allergic to change, indifferent to education and totally unfit for the global age. They are doomed because global competition is unstoppable, says Longworth, who dismisses the idea of trade barriers as simplistic nonsense purveyed by conspiracy theorists." My earlier post, the trade-balance chart and the figures which I posted support this contention, that whatever the US is exporting or not exporting doesn't benefit many "ordinary" Americans. And, right or wrong, that is the way I see globalism.