| General > General Technical Chat |
| I have the feeling that the whole trade war starts from a pile of nonsense. |
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| soldar:
--- Quote from: rstofer on May 23, 2019, 03:51:49 pm ---And, yes, all the countries are tied together but there are two classes of countries and the effects can be different. There are net buyers like the US and net sellers like everybody else. When the net buyers can't buy, net sellers see their markets disappear. Other net sellers can't help because, well, they are net sellers, not buyers. --- End quote --- It must be good to be able to make up your own reality and live in it. |
| 2N3055:
@Rstofer Whoa, so much wrong in single post. If you raise tariffs enough, there will be 100 million people in USA that will barely survive, because they are already at the edge of poverty. But those that are well off don't care about that.. Let's play stupid games with China. It is not high number of graduate students. It is 80% of STEM graduate students, meaning USA citizens are in minority. And no, it is not because they pay them so little. It is because their knowledge is such that those coming from USA school system cannot compete well with them. And they come because school system in USA is not really good, up to graduate level. On graduate level, USA universities are excellent and have good integration with industry and do very advanced projects and have great budgets. So yeah at that education level, it is top notch. Taxpayers don't own crap. Taxpayers pay a due (tax) for services rendered to them by state. Public services are rendered to public, valued by utility to public good. So if it serves public to let genius Chinese girl/boy study in USA because they will invent new processor, or reactor or whatever, and that will enhance public good of USA citizens, than yeah, they will give them seat instead of some USA born kid. Sorry, it is how it works. It isn't fair, but I thought Americans hate socialism. Which is what you are proposing, equality at all cost. You (and myself too) are living in capitalism, meaning results at all cost. We don't care for people, only results. If you are not good enough, your problem. No mercy. Many moons ago I lived in USA for 4 years. On H1B. Met many nice people, made friends. Had great time. Good times. But I was not underpaid. If anything, in my consulting agency, my recruiter constantly reminded me not to say anybody how much I make. Most of the time I made much more than people I worked for on projects. And I'm talking NYC... Yes, I was that good at what I was doing. And no, you didn't need to go around the world recruiting students. They were coming to USA, on their own and at their own expense. All you had to do was to pick the brightest ones and tell them they can come. It worked great. For everybody. They got their learning opportunity, you got premium research, and got to keep both research and continuity of greatest universities in the world and technology. But now, even before they start considering where to go, USA is now sending the message over all available media that these dirty foreigners are not welcomed and that even if they come, they will be treated as scum. So they might even go to Oxford rather than UCLA. Or some of universities in Germany or elsewhere in Europe. It is already happening. And did you really just said :"You don't hear much about Japan any more. Are they still in business?" That is just disrespectful on so many levels to such a great country, great people and long time strategic USA partner. Which is a great example of how USA treats their friends and partners nowadays... Disrespectful and with great arrogance. Such a shame for a once great and proud country.. |
| rstofer:
--- Quote from: soldar on May 23, 2019, 03:53:11 pm ---America would be better served by policies of stability and international cooperation. --- End quote --- At a net loss of $335B per year in trade imbalance? I don't think so. Fair trade would probably have a much smaller imbalance. Maybe $1B, give or take. --- Quote ---The U.S. goods and services trade deficit with China was $335.4 billion in 2017. China is currently our largest goods trading partner with $635.4 billion in total (two way) goods trade during 2017. Goods exports totaled $129.9 billion; goods imports totaled $505.5 billion. --- End quote --- There are two ways to balance the equation: Tariffs, which nobody wants, or rebalancing the buy/sell ratio. We should buy less and China should buy more. Or we can wait 6 years and see what happens next. |
| rstofer:
--- Quote from: 2N3055 on May 23, 2019, 04:22:57 pm ---And did you really just said :"You don't hear much about Japan any more. Are they still in business?" That is just disrespectful on so many levels to such a great country, great people and long time strategic USA partner. Which is a great example of how USA treats their friends and partners nowadays... Disrespectful and with great arrogance. Such a shame for a once great and proud country.. --- End quote --- No disrespect intended. They were a big topic of discussion back in the '60s and '70s maybe even into the '80s. I haven't read an article about Japan in 10 years or more. They no longer make headlines and that's a good thing. Yes, they are a huge player in automotive and electronics but, for whatever reason, the US doesn't seem to have trade issues with Japan. They sit back quietly and make lots of money. They really do have the quality control thing nailed. Their products are excellent. Maybe the reason for the lack of press is that their GDP is shrinking (short term) and essentially flat for 25 years. https://tradingeconomics.com/japan/gdp With a negative short term interest rate, you would expect to see a lot of growth. It isn't happening. They may have hit a logistics limit. But they have quality control nailed! |
| rstofer:
--- Quote from: 2N3055 on May 23, 2019, 04:22:57 pm ---Taxpayers don't own crap. Taxpayers pay a due (tax) for services rendered to them by state. Public services are rendered to public, valued by utility to public good. So if it serves public to let genius Chinese girl/boy study in USA because they will invent new processor, or reactor or whatever, and that will enhance public good of USA citizens, than yeah, they will give them seat instead of some USA born kid. Sorry, it is how it works. --- End quote --- Not really! Taxpayers are voters and when they get pissed off, things change. Do you suppose that if the issue of foreign students plugging up our universities became a popular issue that it wouldn't change overnight? Foreign students can't vote and legislators take care of voters first and foremost. Their reelection depends on it. If you want to see an example of 'change', you don't need to look far! Those pesky voters... |
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