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originally posted by: kismetpair927
a reply to: lostbook
You spoke with a tone of approval in your original post---I'm not trying to be facetious, but I am very curious about how one could view the TPP and TTIP as advantageous? Could you explain what you read or saw that has convinced you of the benefits of these trade deals?
You also pointed out: "I take note that some if not all of the BRICS are involved in this deal. This is a very positive sign."
Can you explain why BRICS nations' involvement is a positive sign? A sign of what; cooperation, or otherwise?
The ATS outcry was so definitely negative, now I am a little curious about how/why one might view these deals as advantageous for anyone (American or otherwise)?
originally posted by: Kali74
Capitalism baby!
originally posted by: Kali74
a reply to: Granite
I'm more worried about the current world order... the one which is determined to hand the entire world over to corporations... you know, Capitalism?
originally posted by: Kali74
a reply to: seeker1963
No, I mean Capitalism... how was Capitalism ever safe from favoritism?
originally posted by: Kali74
a reply to: seeker1963
No, I mean Capitalism... how was Capitalism ever safe from favoritism?
originally posted by: Kali74
a reply to: seeker1963
How do I give any politicians any leeway?
originally posted by: lostbook
Will Globalization be Obama's greatest foreign policy legacy? With 2 deals that are close to fruition it seems that may be the case. The deals ib question are the Trans-Pacific Partnership (TPP) trade deal involving a dozen countries from Asia and the Americas, and the Trans-Atlantic Trade and Investment Partnership (TTIP) between the United States and the European Union.
The two trans-oceanic pacts that would link us to Asia and Europe, though, would resurrect the momentum for a more comprehensive global agreement. They would also deliver considerable economic benefits. The Trans-Pacific deal (TPP) will boost U.S. annual gains by $77 billion, and Japan’s by $104 billion. The TTIP deal, by integrating markets in the U.S. and the EU, would generate $130 billion annually in economic gains for the United States, and $162 billion for Europe.
As such, it is estimated that TTIP will boost U.S. household incomes by $865 annually and create 750,000 new U.S. jobs, while TPP would generate about $1,230 per household by 2025–a great boost without a dime of deficit spending, and a strong bonus on top of the $10,000 annual income gains American households have already scored due to post-war trade opening.
This will be a landmark deal for Obama and his presidency, be-it successful. I think it will end his presidency on a very positive note for him. I take note that some if not all of the BRICS are involved in this deal. This is a very positive sign. What says ATS?
www.businessinsider.com...