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American Fortune Life - Chapter 1596

Published at 7th of November 2021 07:59:47 AM


Chapter 1596: 1596

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The theory that economic depression breeds trade protectionism has never changed!

The slogan of "buy American with Americans" and "America first" is undoubtedly very demagogic to the American people under the gloomy financial crisis.

As for whether the international community will be dissatisfied with us trade protectionism, it's not Andy's question to consider.

You should know that once someone mentions trade protectionism, the tide of trade protectionism will spread immediately.

Especially in the United States, because of its democracy, it is easier for protectionist forces to obtain political energy that is not commensurate with their share of real economic power.

What's more, the U.S. Constitution grants foreign trade policy-making power to Congress, which makes the interest groups that advocate trade protectionism or politicization of trade issues in the U.S. easier to control the trend of national trade policy than the administrative leading countries.

What's more, the status of the only superpower will stimulate the vicious expansion of the moral hazard of American trade protectionism.

However, Andy is not worried about any trade war, because aoguanhai doesn't have that kind of courage, but Andy thinks it's time to scare those countries that take advantage and take it for granted.

Of course, it is undoubtedly the best way for his father Austin to make a brilliant debut, and officially enter the eyes of the American people and even the world.

Get to the top of power for the future, start this first shot!

It has to be said that running a country is actually similar to running a company. No matter who wants to strengthen the U.S. company, it has to make money first.

The U.S. has been doing "loss making" business in trade. However, the EU, Canada, bidet and other partners with reciprocal purchase or trade agreements with the U.S. government have been benefiting from the U.S.

Can't Americans do business?

Of course not. It's all America's choice.

The United States dominates the world with three fundamental pillars. One is the outstanding ability of wealth creation, the other is the extraordinary ability of global resource allocation, that is, the hegemony of the US dollar. The last one is the powerful military power. These three pillars have pushed the United States to a super dominant position in the world!

However, with the further development of the world economy and the rise of the third world countries, the share of the United States in the global economic market has gradually declined.

At this time, the contradiction between the US manufacturing industry and the US dollar hegemony began to appear gradually.

As we all know, to maintain the competitiveness of products, manufacturing industry must maintain lower production costs, so per capita income cannot be too high.

The hegemony of the US dollar requires us to maintain a considerable proportion of the global economy. Super high GDP means super high national income to every citizen. The contradiction between manufacturing center and US dollar hegemony is irreconcilable.

Under irreconcilable circumstances, the United States based on the trade-off between the advantages and disadvantages of manufacturing center and dollar hegemony. Considering that the hegemony of the US dollar is more beneficial to the United States, we made the decision to move the manufacturing industry to the countries or regions that we can control, such as the foot basin and the stick, to the present China, the world's largest manufacturing country.

The relocation of the industry has brought about a very serious problem, that is, a large number of daily necessities in the United States need to be imported. However, the import tariff of the United States is almost lower than that of any other country. If the tariff is lower, it will be good for import.

On the contrary, countries with large trade surpluses basically have too high tariffs to import their goods. This led to a large trade deficit in the United States and a large outflow of the US dollar.

So why are American tariffs so low that local businesses don't want to live? In fact, it's not that the U.S. government doesn't want to raise it. It's mainly that the American people need cheap goods. This requires that the world's most affordable goods come to the United States, so the tariff must be low.

Are Americans stupid 13?

Of course not, because they still control the US dollar hegemony, they can harvest the economic development achievements of these countries by creating economic crisis, so as to reduce their debts.

That's why Asia, Latin America, is prone to financial crises.

However, more and more countries have realized that the U.S. uses the means of financial crisis and economic turbulence to promote the return of the U.S. dollar, and they have raised their vigilance to American shearing.

As March approached, Andy knew that when the economic stimulus plan of aoguanhai was really implemented, the American economy would have a rebound, and Wall Street, which suffered a lot of losses and was on the verge of death, would also recover its vitality. Then, in a hungry wolf state, he began to hunt for food.

European debt crisis!

It will be a new round of shearing for us dollar hegemony!

The outbreak of the debt crisis in Europe has its own inevitability, as well as the reasons for the fall of Wall Street forces in the United States and the promotion of Bo.

"Portugal, Italy, Ireland, Greece, Spain, the five European countries, are the countries most likely to follow Iceland's example. These are countries that ignore the reality of high wages and high benefits, and face the aging population and over issue the euro.Especially Greece and Italy, whose citizens are not only lazy and spendthrift, almost everyone borrows money to live. PIIGS, I call them the five stupid pig countries in the euro area... "

"Hahaha..."

In the conference room of Gaia building, everyone including Andy laughed and listened to the leader of the European group of the think tank standing in front of the big screen, introducing their research results in recent months.

"If we really want to choose a tipping point, we think Greece is the best choice."

Andy's smiling eyes brightened a little, touched his chin and said, "why Greece, not Italy? It's about being lazy. They are the real leaders."

"Boss, in addition to its own high fiscal deficit and overall debt scale, the most important reason for choosing Greece is that Goldman Sachs made fake accounts for Greece to make it enter the EU smoothly. Greece, as a quagmire, had buried the idea of tearing up the EU.

It is also crucial that Greece has the smallest economy, with GDP accounting for less than 2% of the EU. It is much easier to attack than Spain and Italy. Greece is the most vulnerable part of the debt problem in Europe.

Like Thailand in the Asian financial crisis, it was Soros's first prey, and the gap was the easiest to tear. "

Goldman Sachs, no institution is more annoying than Goldman Sachs. This is a synonym for trouble. Almost every time the United States causes trouble in the financial market, it has its own shadow.

"Goldman Sachs, it's really everywhere!" Andy frowns and shakes his head and laughs. He doesn't have any special views on Goldman Sachs. As we all know, the financial crisis has something to do with several American investment banks, including Lehman, Bear Stearns, Merrill Lynch and many other investment banks, which are either bankrupt or merged, but Goldman Sachs alone stands.

"Boss, if this time, as we guess, is a premeditated conquest, then Greece will probably be just a guide," Europe pig five "is only a foreshadowing, weakening or even overthrowing the euro is the goal of this action.

Wall Street will want to get the most direct benefits from finance first, forcing the European Union to spend a high price of rescue and drag Europe back from the recovery of the financial crisis. Even if the euro does not collapse, its status will decline significantly.

And rescuing Greece and other economies in crisis can only rob the rich and help the poor, which will eventually consume the vitality of Germany and France, the core countries of the eurozone, which is undoubtedly what the United States would like to see most. "

After listening to the report of the subordinate think tank, Andy clapped with satisfaction, and everyone in the conference room followed.

How can Andy not be satisfied? At that time, he just pretended not to care about whether the debt of European sovereign countries would cause default risk because it is beyond his ability. His think-tank, the European Group, actually made a detailed analysis, which is similar to what he remembered, but more detailed and based than him It's just a brief idea of Greece's debt crisis.




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