All countries have specific things that are abundant in the region. Middle East it is oil and sand. We do not need the sand but can use it to make cement. So perhaps we should import sand and oil from there and they can buy cars, computers, and other things from us. By developing trading partners, we can keep peace if of course the Westerner Hatred thing can be educated out of those populations? And perhaps we might do a little sole searching as well to understand our history and cultures of the world a little better, as even though the US is the greatest civilization ever created int he history of mankind, we are definitely not alone.
What we in the United States need to be careful of is buying products from other countries and they take that money and rather than buy what we produce the end up buying us. For instance our companies; Telephone companies, media outlets, Car Manufacturers, refuse companies, bus companies, water companies, food distribution companies, trucking companies, truck manufacturing companies, large commercial real estate companies, golf courses, Aerospace companies, etc.
Do you see the issues here? If we buy some of their companies and they buy some of ours, that is even Steven. But if we buy consumables and they buy our infrastructure and companies then the problem is compounded because they end up scraping the crème off the float and the flow. In other words they make money by selling to us domestically, while they own our companies by using those proceeds to buy them. This allows them to buy more companies and retain more profits that they send over seas, which takes the float and monetary supply abroad instead of it circulating locally in the United States. Either way we are stilling paying the interest on that money to the Fed. Once these trading partners have all this money they have to spend it on projects else where or here, but really capital expenditures here is a dead issue with all the regulations after all we are having a difficult time getting our own companies here to do that. Why should they want to re-invest in America when they can get a higher return manufacturing over seas, leaving no jobs here for Americans, so they can continue to buy from our corporations. Corporate retained earnings are at an all time high, why? Well, for one it is hard to get a fair return on new business ventures with all the over regulation and two, things are sketchy right now and if they wait, they can get a bigger bang for their buck as things worsen? Ouch. Perhaps something to think about?
“Lance Winslow” – If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs