American Fortune Life

The economic depression breeds protectionist theory of trade, never changed!

The slogans of 'buying American goods from Americans' and 'America first’ are undoubtedly very seductive for the American people, who are now in the shadow of the financial crisis.

As for whether the international community would be dissatisfied with the protectionism of the United States, that was not a matter for Andy to consider.

You know, as soon as trade protectionism is mentioned, the tide of trade protectionism spreads.

Especially in the United States, which itself makes it easier for protectionist forces to acquire political energy that is not commensurate with their share of real economic power.

More importantly, the United States Constitution confers foreign trade policy decision-making powers on Congress, which in turn makes it easier for United States interests that advocate protectionism or politicization of trade issues to dictate the direction of national trade policy than administratively dominated countries.

Moreover, the status of the only super-Power would spur a vicious expansion of the moral risk of protectionism in the United States.

However, Andy wasn't worried about what kind of trade war would start, because Augustine didn't have that kind of courage, but Andy felt it was time to scare the cheap, natural countries.

Of course, this is undoubtedly the best knocking brick for his father, Auston, to officially walk into the eyes of the American people and even the nations of the world.

Hit this first shot for the future at the peak of power!

It has to be said that running a country is actually similar to running a company, and whoever wants to make it stronger in the United States has to make money first.

In trade, the United States can say that it has been trading in "lost money", yet the European Union, Canada, the foot basin and other partners with the United States Government that have reciprocal purchasing or trade agreements have been benefiting from the United States.

Don't Americans do business?

Of course not. The United States chose it all.

The United States dominates the world with three fundamental pillars. One is outstanding wealth creation and the other is extraordinary global resource mobilization, the hegemony of the United States dollar. The last is a powerful military force, and these three pillars have pushed the United States into a super dominant position in the world!

But with the further development of the world economy and the emergence of third world countries, the share of the United States in global economic markets has gradually declined.

At this point, the contradiction between American manufacturing and US dollar hegemony began to emerge.

It is well known that manufacturing must maintain lower production costs if it is to remain competitive, so per capita income cannot be too high.

The hegemony of the United States dollar, on the other hand, must require that the size of the United States economy be maintained as a significant proportion of the global economy. Extremely high GDP averages very high national income for every national. The contradiction between manufacturing centres and the hegemony of the United States dollar was irreconcilable.

Irreconcilable, the United States weighs in against advantages and disadvantages such as hegemony over manufacturing centers and the United States dollar. Considering that the hegemony of the dollar was more beneficial to the United States, the decision was made to move manufacturing out to countries or areas under its control, such as foot basins, sticks, and by now the world's first largest manufacturing power, Heaven Dynasty.

The emigration of industries poses a very serious problem, namely the need to import large quantities of daily necessities in the United States. Import tariffs in the United States, which are lower than in almost any country, are naturally beneficial to imports.

Conversely, countries with large trade surpluses are basically too high in tariffs to allow the commodities of trading countries to enter. This has led to a large trade deficit in the United States and a significant outflow of the United States dollar.

So why are tariffs so low in the United States that local businesses don't want to live? In fact, it is not that the United States Government does not want to raise it, but mainly that the people of the United States need cheap commodities, which requires that the best and cheapest commodities in the world come together in the United States, so tariffs must be low.

Are Americans stupid 13?

Of course not, because they also control the hegemony of the United States dollar, they can harvest the economic development gains of those countries by creating an economic crisis, thereby alleviating their own debt.

That is why there are frequent financial crises in Asia, Latin America.

However, an increasing number of countries have become aware that the United States has taken advantage of the financial crisis, that economic turmoil has spurred the return of the United States dollar in ways and means, and that there has been increased vigilance over United States wool shears.

Nearly March, Andy knew that when the economic stimulus plan for the Augustine was truly adopted, the economy of the United States would rebound, and that Wall Street, with its heavy losses and dying breath, would recover from its near-death, and then start hunting wildly with a hungry wolf.

Eurobond crisis!

It will be a new round of American dollar hegemony!

The outbreak of the European debt crisis has its own inevitability, compounded by the downhole stones of Wall Street forces in the United States and the push for BO.

“Portugal, Italy, Ireland, Greece, Spain, the five European countries that are most likely to walk behind Iceland, are countries that face an ageing population in excess of the euro, regardless of their actual high wage and high welfare.

Especially in Greece and Italy, where nationals are not only lazy to eat and consume, but almost everyone borrows money to spend the day, PIIGS, which I call the five dumb pigs in the eurozone... ”

“Ha-ha-ha... ”

In the conference room of the Gaia Building, everyone, including Andy, laughed and listened to the head of the think tank Europe group stand in front of the big screen, giving people a sense of humor about their research over the past few months.

“If, indeed, a point of detonation is to be chosen, we believe that Greece is undoubtedly the best option. ”

Andy's smiling eyes lit up slightly, touching his chin and saying, "Why Greece, not Italy, is the real best if you want to be lazy. ”

“Besides its own high fiscal deficit and the overall size of its debt, the most important thing, boss, was that Goldman Sachs made false accounts for Greece so that it could enter the EU smoothly, a muddy pit of Greece that buried the idea of tearing the EU apart.

It is also crucial that Greece, which has the smallest economy and less than 2 per cent of GDP in the EU, strikes much easier than Spain and Italy, is the most vulnerable link in Europe's debt problem as a whole.

This, like Thailand in the Asian financial crisis of that year, was Soros' first prey, and the gap was the easiest to tear apart. “

Goldman Sachs, no institution is more annoying than Goldman Sachs, which is a troublesome synonym, and almost every time America creates trouble in the financial markets, it has its face.

“Goldman Sachs, it's really everywhere!” Andy frowned slightly and shook his head with laughter. He had no particular opinion of Goldman Sachs. It was well known that the financial crisis had nothing to do with several US investment banks. Among them, Lehman, Belsden, Merrill Woods and many other investment banks had either collapsed or been merged, and Goldman Sachs stood alone.

“Boss, if this time, as we suspect, there is a premeditated act of conquest, then Greece will probably be just a primer, and the" Europig Five "will only be paving the ground, weakening or even defeating the euro is the goal of this operation.

Wall Street will want to reap the most immediate financial benefits first, forcing the EU to spend high bailout costs, dragging Europe back from recovery from the financial crisis, and the euro will fall sharply if it does not collapse.

And rescuing economies in crisis, such as Greece, can only rob the rich and poor, and will ultimately consume the energy of Germany, France, the core of the eurozone, which is undoubtedly the most desirable thing for the United States. ”

After listening to his think tank debrief, Andy applauded with satisfaction, and everyone in the room clapped with applause.

How could Andy be dissatisfied at the time when he pretended only to be indifferent about whether the debt of a sovereign European country would give rise to a risk of default because it was beyond his means? The European team of his think tank had actually made a detailed analysis, and it was similar to what he remembered, but more detailed and grounded than he was, and he simply knew briefly about the Greek debt crisis.