From single market to tragic farce

[Skybird]

This does not really fit anywhere, so a new thread.


https://www.zerohedge.com/geopolitic...t-tragic-farce


He speaks my mind.

[Jimbuna]

Good article and one I tend to agree with

[Catfish]

^ no surprise here to both

Also from the article:
"Five hundred years from now, when historians look back on the COVID era, they will say that America's "Operation Warp Speed," under President Donald J. Trump, was a triumph of science and logistics."
Or maybe not.

[Kapitan]

Personally while I don't like Donald Trump he did have some good policies and did achieve a peace settlement in Korea something that has eluded many presidents since the end of the Korean war.

History has taught several things first that free trade agreements don't work and they benefit only one party.
We can see that clearly in Europe the common steel policy favors Germany the common agricultural policy favors France both negatively affected the United Kingdom and put tens of thousands of people out of work.

Free trade deals do a lot of harm to an economy but don't take my word for it DW a German media outlet did a whole 45 minuet documentary on the subject of free trade, doesn't this fly in the face of what the EU wants?

Documentry can be found here:

What Trump wanted was an America that could compete on the world stage, NAFTA had already stripped many industries from the USA such as the steel industry, much of the agricultural base as well.
So by putting tariffs up on certain things he has ensured that American jobs have been saved and that the American product is now viable on the domestic market.
Australia does the same as well with a 40% duty on imported steel from China (the USA had if I recall a 225% duty on imported steel at one stage)

Protecting ones domestic jobs and industries should not be viewed as a bad thing in fact it should be seen as a good thing and this is where the free trade deals go very wrong and we have seen it over the decades.

The European union will fail it is only a matter of time, the working population will eventually want out and yes we saw this in the UK after all who was the majority leave voter? the worker.

The European union wants to create this socialist paradise and its rapidly becoming a dictatorship, I'm not alone in that view and all I can say is within the next 40 to 50 years the European Union like the Soviet Union in my view will cease to exist as the population becomes disillusioned with all the goings on.

I am happy to debate and provide sources links and detailed descriptions and viewpoints if anyone whishes to engage.

[Skybird]

What have free trade zones to do with lobbyijf cartels and tarriffs and corrupt political backroom deals?


In Asia they have just formed the biggest free trad zone of the entir eplanet, bringing together so very different and in parts quite "hostile" to each other actors like China, Australia, Korea, Japan, Vietnam... They ignore the differences betwene their social ordrs and pltlicla animosities, worldviews and forms of government, and instead focus on - trade. First statistics they have published two weeks ago or so indicate that it seems to work for the benefit of all.



A free trade zone is not the same like globalization. I think much of what yoiu say is true for globalization, and I tend to thinki of globalization benefitting the few at the cost of the many, doing mroe harm than good. I think in Europoe we must cut it back. Tremedoeusly. Our dependency on India and China for producign medical goods and vaccines is just the latest illustrating exmaple how depending it has made us, and how vulnerable. And i do not want a free trade zone covering the whole globe, but think of it as local, regional zones, like the old EEC was. Thats was a good diea. The bad stuff started when it wanted to be much more than just a trade zone.

[Kapitan]

Originally Posted by Skybird

What have free trade zones to do with lobbyijf cartels and tarriffs and corrupt political backroom deals?

Is this exactly what the EU is all about ?