French aid to the US

[Thrawn]

Originally posted by AKIron
Maybe it's time we gave up on the idea of free trade and imposed greater constraints.

Something has to be done.  Unfortunately any corrections made at this point will have to draconian and painful to the US.  But when the other option is the economic collapse of the US, I think those steps are necessary.

[Thrawn]

Originally posted by Dowding
Greater constraints? The US lives on imports. What do you think will happen to the prices of just about everything if you start imposing these 'greater constraints'? I've seen the *****ing about fuel prices - I'd hate to see what would happen in that scenario.

What would happen to prices if the USD "Argentinas".

[Ripsnort]

Re: U.S. Economy.
Whats great about it is this: If we tank, the WORLD tanks!


Muhahahahahahahaha!~:rofl

[Thrawn]

Originally posted by Ripsnort
Re: U.S. Economy.
Whats great about it is this: If we tank, the WORLD tanks!


Muhahahahahahahaha!~:rofl

Not necessarily, the governments of the counties won't have to tax their citizens to buy those billions of USDs.  That would free up those monies for increase in standard of living or captial investment.  

There would be an immediate displace of labour in the exporting sectors, but frankly, so what?  Those people have been sucking up tax dollars for ages anyway.  But once the labour correction is done, they find jobs in sectors that actually benefit countries and their economies.

[SLO]

Originally posted by Ripsnort
Re: U.S. Economy.
Whats great about it is this: If we tank, the WORLD tanks!


Muhahahahahahahaha!~:rofl

ego

[RTStuka]

Originally posted by Thrawn
Not when the US already had a annual 6.5 billion dollar trade deficit with France as of August.

I think giving them back their country free of charge should cover most of that deficit.

[Thrawn]

Originally posted by RTStuka
I think giving them back their country free of charge should cover most of that deficit.

Well, they paid you in kind by giving you a country to begin with.  

I understand the sentiment, but that isn't going change the economic realities.


If you want to know why the US went off the gold standard, just take a look at this.

http://www.census.gov/foreign-trade/statistics/historical/gands.txt

[RTStuka]

Originally posted by Thrawn
Well, they paid you in kind by giving you a country to begin with.  

I understand the sentiment, but that isn't going change the economic realities.


If you want to know why the US went off the gold standard, just take a look at this.

http://www.census.gov/foreign-trade/statistics/historical/gands.txt

Hey we paid france for alot of this country.