Message from @Arnold Jacobs is legend
Discord ID: 788415842861711360
If you will recall my argument was to complete dependency on intermediate materials
You even said okay
America has a very large and healthy manufacturing base
40%
More specifically 38%
You keep beating around my point though
yes which you have not shown is a bad thing, your argument is the weirmer republic which legit got into a fucking war on home soil. AGAIN DISPLAY TO ME HOW THIS GLOBAL TRADE SYSTEM IS NOT SECURE, you have not at all
your a fucking retard
My point was for intermediate resources
No weinmar republic was an example of the effect
Not the causal argument
https://www.nam.org/state-manufacturing-data/2019-united-states-manufacturing-facts/ you mean 12 percent of the eocnomy?
The cause is intermediate material dependency
@Arnold Jacobs is legend again you have not displayed how our trade system is not secure. getting of this system would mean massive inflation and a massive depression. these jobs are never coming back. The best way to combat this reliance your scared about would be to move to full nuclear or solar energy for example, but production most always be outsourced to remain not in a fucking depression.
The effect is complete death of product and gdp
Again dependency on intermediate materials
YES WHICH YOU HAVE NOT DISPLAYED TO BE NOT SECURE, if your argument is we can continue this system (trade and monetary) unless we get into ww3 on home soil them im all in agreement
You keep intentionally missing my point
AGAIN DISPLAY THAT THIS DEPENDENCY IS NOT SECURE
EXPLAIN
@Arnold Jacobs is legend again you have not displayed how our trade system is not secure. getting of this system would mean massive inflation and a massive depression. these jobs are never coming back. The best way to combat this reliance your scared about would be to move to full nuclear or solar energy for example, but production most always be outsourced to remain not in a fucking depression.
@Arnold Jacobs is legend again you have not displayed how our trade system is not secure. getting of this system would mean massive inflation and a massive depression. these jobs are never coming back. The best way to combat this reliance your scared about would be to move to full nuclear or solar energy for example, but production most always be outsourced to remain not in a fucking depression.
@Arnold Jacobs is legend again you have not displayed how our trade system is not secure. getting of this system would mean massive inflation and a massive depression. these jobs are never coming back. The best way to combat this reliance your scared about would be to move to full nuclear or solar energy for example, but production most always be outsourced to remain not in a fucking depression.
@Arnold Jacobs is legend again you have not displayed how our trade system is not secure. getting of this system would mean massive inflation and a massive depression. these jobs are never coming back. The best way to combat this reliance your scared about would be to move to full nuclear or solar energy for example, but production most always be outsourced to remain not in a fucking depression.
Quit spamming
YOUR A FUCKING RETARD
You just got unbanned for that
You kee failing to address the cause
Intermediate materials
your saying dependency on indermediate materials is bad, but explain why. for this system to be bad(because right now exporting is amazing for the us economy) you must show how this is not secure and will collapse
which you have not
I have
once again if you are saying its not secure because we can get into ww3 on home soil then we agree
if you are saying like petter schiff the fucking autis that this system is not secure because we run a deficit and are not on the gold standard we dont agree because that is just wrong. if you also think that this system will collapse on its own then your also wrong. these countries are relaint on the us (china a bit less but still) exporting in moderation is good, you dont want a countries economic system to be dependent on low skill, low wage labor.
When a country is almost completely dependent on intermediate materials for production its resources the money has purchasing power from are almost completely tied to foreign sources. When the us has healthy trade this is not a problem. “We must trade to produce” however, should the dollar lose stsnding countries will quit making deals with the us. With almost complete dependency on intermediate resources production will completely cease. This would cause hyper inflation and the collapse of the dollar
I CANT ANYMORE
i cant
lol
Quit spamming you just got unmuted
should the dollar lose stsnding countries will quit making deals with the us.