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Derpy Donny Dollhands orders US companies to Find an alternative to China

Kangaroo Feathers

Yea, it is written in the Book of Cyril...
https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Ftheintellectualist%2Fcontent%2FM2GejhrUxUaVOm2QmqwOPA%2FfwCnJm0-dkyE8KJPGmtEYA


On Twitter, Trump Orders U.S. Companies To Find An Alternative To China - The Intellectualist

Tell me again about the party of free markets, small government and limited regulation :rolleyes:
 

Heyo

Veteran Member
Europe is an alternative to the Red Dragon.
Bravo Donald.
Europe is not an alternative to China. European goods are just as expensive as goods produced in the US. They may be of much higher quality than Chinese goods but that is no alternative for someone who doesn't have the money to pay them and goes with "good enough".
Chinese goods will become more expensive over time and other emerging economies will take up Chinas role. India, Bangladesh, etc. come to mind.
It happened before with Japan. Japan was once the producer of cheap mass goods until their products got better and more expensive. Taiwan and Korea took over for a short period, now it's China.
It's how the market works.
 

Estro Felino

Believer in free will
Premium Member
Europe is not an alternative to China. European goods are just as expensive as goods produced in the US. They may be of much higher quality than Chinese goods but that is no alternative for someone who doesn't have the money to pay them and goes with "good enough".
Chinese goods will become more expensive over time and other emerging economies will take up Chinas role. India, Bangladesh, etc. come to mind.
It happened before with Japan. Japan was once the producer of cheap mass goods until their products got better and more expensive. Taiwan and Korea took over for a short period, now it's China.
It's how the market works.
They are cheap actually...we have a overvalued currency called € against which Trump has protested many tines, accusing Germany to have created this euro for making certain bankers rich at cost of European producers' interests.
 

lewisnotmiller

Grand Hat
Staff member
Premium Member
They are cheap actually...we have a overvalued currency called € against which Trump has protested many tines, accusing Germany to have created this euro for making certain bankers rich at cost of European producers' interests.

'Cheap' is a relative term. You're not actually suggesting EU products can be manufactured cheaper than somewhere like Bangladesh, are you?

And if you think the Euro is inflated artificially, than decreases your ability to export cheaply.
 

Heyo

Veteran Member
They are cheap actually...we have a overvalued currency called € against which Trump has protested many tines, accusing Germany to have created this euro for making certain bankers rich at cost of European producers' interests.
There are many valid critiques against the € but being overvalued isn't one of them. The € is, unlike the Yuan, freely traded and represents, more or less, the market value.
The reason why the € seems overvalued is that it is used by a mixture of economies that are not really comparable. Think of Greece and Germany.
But then again, the $ is used in California as well as in Puerto Rico.
 

lewisnotmiller

Grand Hat
Staff member
Premium Member
There are many valid critiques against the € but being overvalued isn't one of them. The € is, unlike the Yuan, freely traded and represents, more or less, the market value.
The reason why the € seems overvalued is that it is used by a mixture of economies that are not really comparable. Think of Greece and Germany.
But then again, the $ is used in California as well as in Puerto Rico.

Even more complicated when you consider currencies who have pegged their value to the USD.
 

Estro Felino

Believer in free will
Premium Member
'Cheap' is a relative term. You're not actually suggesting EU products can be manufactured cheaper than somewhere like Bangladesh, are you?

And if you think the Euro is inflated artificially, than decreases your ability to export cheaply.
Artificially yes.
To keep that Exchange, Germany even prevented us Italians from helping the Greeks out....
The Greeks underwent a sort of economic genocide.
 

Cooky

Veteran Member

Cooky

Veteran Member
Growing up in the midwest rust belt, I saw first hand the devastation of American cities caused by China.
 

Stevicus

Veteran Member
Staff member
Premium Member
That's the end of his Presidency. The big money boys will end him. Just like they did to Kennedy.

Yeah, although Kennedy was too naive and didn't see it coming. Riding down the street in a hostile city in an open air convertible wasn't the brightest thing to be doing.

Kennedy was also hated by the Military-Industrial Complex, whereas Trump seems to be wanting to do whatever he can to keep them happy. As a result, the military love Trump and will probably keep him protected from the big money boys.
 
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