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The U.S and North America could very well be self sufficient in the near future.Also by pulling away as the Worlds biggest comsumer how are (if we choose to buy them) other countries economy's going to fair?.If other countries impose tariff's to large they can keep their good's.
Where are you going to get your computers from? Your cell phones, tablets, gaming consoles, TV's, radios etc
There is NO such thing as self sufficient in a 21st century world wide economy, unless that country has the ability to build and maintain EVERY one of those vital sectors. Which no nation can do. At least no nation has been able to do so.
At least no nation has been able to do so.
Originally posted by rockymcgilicutty
[.
The U.S would still by far be in the strongest position.The rest of the world would be in the deepest depression that it has ever seen.You keep mentioning the world economy I am not talking about the world economy.I am talking about the U.S's
.....man...edit on 8-2-2013 by rockymcgilicutty because: (no reason given)
www.globalization101.org...
2.The wealth of the U.S. economy.Although the United States contains only four percent of the world’s population, it accounts for nearly 25 percent of global economic output. The combined effects of being one of the richest countries in the world and one of the largest in terms of population put the U.S. market in a dominant position. Only the European Union now exceeds the U.S. market in size and wealth.The EU achieved unity of currency in 2002. Currently, the Euro has been adopted by sixteen member states of the European Union and is shared by 500 million citizens, making it one of the world’s most important currencies and one of the EU’s greatest achievements. Economic and financial affairs (2012, June 7). In European Commission. Retrieved June 22, 2012, from ec.europa.eu...)
We will build them.Do you remember where it started.Silicone Valley?Rare Earth's were adressed in the O/P.
If you think with our unemployment at 9% we can't rebuild industry you are underestimating us.
The U.S would still by far be in the strongest position.The rest of the world would be in the deepest depression that it has ever seen.You keep mentioning the world economy I am not talking about the world economy.I am talking about the U.S's
If you haven't noticed the countries that the US demonise, and/or invade, are countries who are isolationist.
You won't be able to SELL any if you make them. An Iphone would cost 10 times to produce in the US as it would in China. Therefore would cost 10 times as much.
The World Economy's health directly influences the economy in the US. A financial crisis in Europe, effects the markets in the US. The world uses the US Dollar as a reserve currency, if that were to disappear, the value of your dollar would plummet
Originally posted by rockymcgilicutty
But if we could move the way of my o/p why would you care?
Since we are so evil wouldn't this rid you of us?
I'm not trying to be a jerk,but I thought you read the defination of Isolationism.We wouldn't be selling them to anyone.You are STUCK on a globle economy sceniro,I am not.
Again THE WORLD ECONOMY, and Isolationiist economy would be two entirely different type's of economies.We remove ourself's from the global economy and back our NEW note's with silver and gold,then there would still be plenty of confidence in our new note's for us.If the old dollar plummet's they can deal with it.We won't need the fiat dollar or petrol dollar anymore.
reply to post by HelenConway
2.The wealth of the U.S. economy.Although the United States contains only four percent of the world’s population, it accounts for nearly 25 percent of global economic output. The combined effects of being one of the richest countries in the world and one of the largest in terms of population put the U.S. market in a dominant position. Only the European Union now exceeds the U.S. market in size and wealth.The EU achieved unity of currency in 2002. Currently, the Euro has been adopted by sixteen member states of the European Union and is shared by 500 million citizens, making it one of the world’s most important currencies and one of the EU’s greatest achievements. Economic and financial affairs (2012, June 7). In European Commission
I'm saying that AMERICANS won't buy them, cause they won't be able to afford them. Production cost vs profit margin my friend. NO company will reduce the costs of their products when they'll be spending 10 times the amount producing them.