"We're seeing the end of a global free market."

"We're seeing the end of a global free market." (Full Version)

All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion

Message

popeye1250 -> "We're seeing the end of a global free market." (5/20/2010 11:59:37 AM)
http://finance.yahoo.com/tech-ticker/%22we're-seeing-the-end-of-a-global-free-market%22-says-ian-bremmer-492475.html?tickers=xli,%5Edji,%5Egspc,gld,gdx,uup,tlt&sec=topStories&pos=9&asset=&ccode= Interesting position by Bremmer and one I've seen comming for a while now. It simply wasn't sustainable in the first place. And "spot on" about the American "consumer" not being able to consume at the same rate anymore.

NorthernGent -> RE: "We're seeing the end of a global free market." (5/20/2010 12:43:59 PM)
quote: ORIGINAL: popeye1250 http://finance.yahoo.com/tech-ticker/%22we're-seeing-the-end-of-a-global-free-market%22-says-ian-bremmer-492475.html?tickers=xli,%5Edji,%5Egspc,gld,gdx,uup,tlt&sec=topStories&pos=9&asset=&ccode= Interesting position by Bremmer and one I've seen comming for a while now. It simply wasn't sustainable in the first place. And "spot on" about the American "consumer" not being able to consume at the same rate anymore. Brenmer is lacking an understanding of history then..... We've been here before.....1896-1914 was a period that witnessed the first truly global market....a period of unprecedented growth....a catastrophic war....far more damaging than a few quid going up the swanny here and there....wasn't enough to effect an about turn....like it or not free trade on a global scale is here to stay...

popeye1250 -> RE: "We're seeing the end of a global free market." (5/20/2010 1:41:49 PM)
quote: ORIGINAL: NorthernGent quote: ORIGINAL: popeye1250 http://finance.yahoo.com/tech-ticker/%22we're-seeing-the-end-of-a-global-free-market%22-says-ian-bremmer-492475.html?tickers=xli,%5Edji,%5Egspc,gld,gdx,uup,tlt&sec=topStories&pos=9&asset=&ccode= Interesting position by Bremmer and one I've seen comming for a while now. It simply wasn't sustainable in the first place. And "spot on" about the American "consumer" not being able to consume at the same rate anymore. Brenmer is lacking an understanding of history then..... We've been here before.....1896-1914 was a period that witnessed the first truly global market....a period of unprecedented growth....a catastrophic war....far more damaging than a few quid going up the swanny here and there....wasn't enough to effect an about turn....like it or not free trade on a global scale is here to stay... Gent, what do you think of this? http://www.fool.com/investing/international/2010/03/17/the-end-of-the-euro.aspx

Musicmystery -> RE: "We're seeing the end of a global free market." (5/20/2010 1:58:59 PM)
popeye, This isn't about the end of global free markets for any economic reasons--it's the urge toward protectionism in a downswing. If those voices win, we will suffer severe economic consequences. History of protectionism in the face of well established economic realities.

popeye1250 -> RE: "We're seeing the end of a global free market." (5/20/2010 2:21:12 PM)
quote: ORIGINAL: Musicmystery popeye, This isn't about the end of global free markets for any economic reasons--it's the urge toward protectionism in a downswing. If those voices win, we will suffer severe economic consequences. History of protectionism in the face of well established economic realities. Music, "those voices" will win. China

pahunkboy -> RE: "We're seeing the end of a global free market." (5/20/2010 3:29:31 PM)
Popeye., I view alot of things as a mixed bag. I enjoyed some things of the globalization. The peril is that the comforts we enjoy may not be so later.

vincentML -> RE: "We're seeing the end of a global free market." (5/20/2010 6:42:36 PM)
quote: ORIGINAL: Musicmystery popeye, This isn't about the end of global free markets for any economic reasons--it's the urge toward protectionism in a downswing. If those voices win, we will suffer severe economic consequences. History of protectionism in the face of well established economic realities. You have to listen to this guy carefully. He is talking out of both sides of his mouth. The headline is the global free market is failing but in the interview he says the regulated free market failed and he blames the SEC. Then he diametrically laments the increasing political regulation in the Chinese economy and at the same time worries about growing populism in the West. Can't really pin down what his central thesis is. Does he want a regulated market or an unregulated market? Fuck knows.

ThatDamnedPanda -> RE: "We're seeing the end of a global free market." (5/20/2010 6:52:30 PM)
Free trade is here to stay, in one form or another. As long as there are people in India willing to make sneakers for 5 dollars a day, and people in America willing to pay 200 dollars a pair for those sneakers, there will always be a global market.

Musicmystery -> RE: "We're seeing the end of a global free market." (5/20/2010 7:46:37 PM)
quote: Music, "those voices" will win. China China is a good example. A few centuries back, they controlled the world, turned protectionist, and took a nose dive. In this century, they turned gradually to free trade--and prospered greatly. Meanwhile, in the U.S.... 2009 Exports: $1.057 trillion Export goods: agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2009)

domiguy -> RE: "We're seeing the end of a global free market." (5/20/2010 7:58:45 PM)
popeye is afraid. That what sucks about not being able to understand that the world is a changing and evolving place. Nothing is promised. Some are unable to adapt and are frightened by what they see as a threat instead of an opportunity for growth.

housesub4you -> RE: "We're seeing the end of a global free market." (5/21/2010 3:19:16 AM)
It is not really a "free market" anywhere in the world. That is the line they sell us. As long as governments keep subsidizing, bailing out, accept money to promote certain industries it never will be If it is a TRUE free market, then why all the government money going to private business, businesses should be allowed to fail, and if they do not have the money the taxpayers should not be paying for their R&D so industries can turn around and profit with out risk Hell look at exxon mobil, most profits ever, most government money received in subsidize's, Hell look at BP, they received 100's of millions to develop safety features for their oil rigs, turns out they used the money to line their own pockets, how is that free market and they are all lining the pockets of our congressmen to limit what they can be sued for with the oil leak Free market my ass

popeye1250 -> RE: "We're seeing the end of a global free market." (5/21/2010 8:35:34 AM)
quote: ORIGINAL: housesub4you It is not really a "free market" anywhere in the world. That is the line they sell us. As long as governments keep subsidizing, bailing out, accept money to promote certain industries it never will be If it is a TRUE free market, then why all the government money going to private business, businesses should be allowed to fail, and if they do not have the money the taxpayers should not be paying for their R&D so industries can turn around and profit with out risk Hell look at exxon mobil, most profits ever, most government money received in subsidize's, Hell look at BP, they received 100's of millions to develop safety features for their oil rigs, turns out they used the money to line their own pockets, how is that free market and they are all lining the pockets of our congressmen to limit what they can be sued for with the oil leak Free market my ass Housesub, agreed. We have bankruptcy laws for a reason. And this "free market" certainly hasn't been good for the average worker, has it? People are making a lot less money adjusted for inflation than they were 20 years ago. But, they can buy cheap plastic junk or clothing made in China from Walmart's. Some trade off. Even some people on the business channel are now saying that we need to get manufacturing back into the U.S. "Duh."

kdsub -> RE: "We're seeing the end of a global free market." (5/21/2010 10:48:18 AM)
Popeye many are calling this link foolish and not following history…well I believe they are not looking at the very basic nature of societies and their success and failures. On a very basic level societies always first produce goods to serve their own societies…then and only then when there is an excess of goods… do they sell or trade with other societies. This is the only way to improve the standard of living. If a society consumes more than they produce then they are doomed to a lowering of their standard of living. This fact is a failing of our system where goods are produced not according to the abilities and resources of a society but according to the cheapest labor and tax structures even if this means moving outside the originating society. This is why China has been so successful on the world economic stage… they protect and strictly control their industry and workers assuring industry does not move outside the society. They ignore patents and free enterprise subsidizing industry where necessary to gain and hold inroads into other countries industries. The world global free market is just a way for the powerful to control and steal resources from other nations. Concentrating wealth and shifting economic from one nation to another but never spreading the wealth as it proclaims. Butch

Fellow -> RE: "We're seeing the end of a global free market." (5/21/2010 6:38:38 PM)
Free trade is not a problem. The problem is the trade balance that must be regulated by the governments. If USA continues to trade US Treasury bonds (debt) for consumer goods with China things will get very ugly soon. The government has all the power needed to regulate trade.

Page: [1]

Collarchat.com © 2025

Terms of Service

0.03125