American Fortune Life
Chapter 1596: Who is silly 13!
Chapter 1595: Make America Great Again? !! Next »
Chapter 1597: Fear encourages the birth of an empire!
The theorem of economic depression breeding protectionism has never changed!
For the American people under the scourge of the current financial crisis, the slogan of 'Using Americans to buy American goods' and 'America first' is undoubtedly very disturbing.
As to whether the international community will express its dissatisfaction with US protectionism, it is not a matter for Andy to consider.
You know, once someone raises protectionism, the tide of protectionism will spread immediately.
Especially in the United States, because its cooking regime itself makes it easier for protectionist forces to gain political energy that is not commensurate with their actual economic strength share.
What's more important is that the United States Constitution grants Congress the right to make foreign trade policy decisions. This system also makes it easier for US interest groups that advocate protectionist or politicized trade issues to influence the direction of national trade policy than the administratively dominant countries.
What's more, the status of the sole superpower will stimulate the hyperinflation of US protectionist moral hazard.
However, Andy is not worried about any trade war, because Okuanhai does not have that courage, but Andy feels that it is also time to scare those countries that take advantage and take for granted.
Of course, this is undoubtedly the best stepping stone for his dad, Oston, and it has officially entered the eyes of the American people and even countries around the world.
Climb to the pinnacle of power for the future and start this first shot!
I have to say that running a country is actually similar to running a company. No matter who you want to make the US company bigger, you must first make it profitable.
In terms of trade in the United States, it can be said that it has been doing "loss" trading. However, the EU, Canada, foot basins, and other partners who have signed reciprocal procurement or trade agreements with the US government have been benefiting from the United States.
Don't Americans do business?
Of course not, all of this was chosen by the United States itself.
The United States dominates the world with three fundamental pillars. One is the outstanding wealth creation ability, and the other is the extraordinary global resource allocation ability, which is the hegemony of the US dollar. The last one is a powerful military force. These three pillars pushed the United States into the world's super hegemony!
However, with the further development of the world economy and the rise of third world countries, the United States' share of the global economic market has gradually declined.
At this time, the contradiction between American manufacturing and dollar hegemony gradually began to emerge.
As we all know, to maintain the competitiveness of products, manufacturing industry must maintain low production costs, so the per capita income cannot be too high.
The hegemony of the US dollar must require that the size of the US economy account for a significant proportion of the global economy. The super high gdp averages super high national income to each national. The contradiction between the manufacturing center and dollar hegemony is irreconcilable.
Under the irreconcilability, the United States based on the trade-offs between the pros and cons of manufacturing centers and dollar hegemony. He believed that the hegemony of the US dollar was more beneficial to the United States, so he made a decision to move the manufacturing industry to a country or region that he could control, such as the basin, sticks, and now the world's largest manufacturing power.
The relocation of industries has brought a very serious problem, that is, a large amount of daily necessities in the United States need to be imported. The import tariffs of the United States are lower than those of almost any other country.
On the contrary, countries with large trade surpluses basically have tariffs that are too high, and the commodities of trading countries cannot be imported. This caused a large US trade deficit and a large outflow of the US dollar.
So why are American tariffs so low, and local companies don't want to live? In fact, it is not that the US government does not want to raise it. The main reason is that the American people need cheap goods. This requires that the world ’s best and cheapest products be brought to the United States, so the tariffs must be low.
Are Americans Stupid 13?
Of course not, because they still control the hegemony of the US dollar, they can harvest the economic development results of these countries by creating economic crises, thereby reducing their debts.
This is why the Asian and Latin American regions have frequently experienced financial crises.
However, more and more countries have realized that the United States has used the financial crisis and economic turbulence to promote the return of the US dollar. It has raised vigilance on US sheep shearing.
As March approaches, Andy knows that when Austria ’s economic stimulus plan is actually passed, the US economy will rebound and the losses will be severe. The dying Wall Street will also recover from the dying. A hungry wolf hungry, he began to hunt wildly.
European debt crisis!
It will be a new round of sheep shearing for US dollar hegemony!
The outbreak of the European debt crisis has its own inevitability, and it also has the reasons for the downfall of the Wall Street forces in the United States and the cause of the situation.
"Portugal, Italy, Ireland, Greece, Spain, the five European countries, are the countries most likely to follow Iceland's footsteps. These are all disregarding the actual high wages and benefits, but also facing the aging population and overspending the euro. country.
Especially in Greece and Italy, the nationals of these two countries are not only delicious and lazy, they spend too much money, almost everyone borrows money to live, piigs, I call them the five stupid countries in the euro area "
"Hahaha"
In the meeting room of the Gaia Building, everyone, including Andy, laughed, listening to the leader of the think tank's European group standing in front of the big screen, and humorously introducing the research results of these people over the past few months.
"If you want to choose a tipping point, we think Greece is definitely the best choice."
Andy's smiley eyes lightened slightly, and he touched his chin and said, "Why Greece, not Italy, and they are really the best when it comes to delicious laziness."
"The boss, the reason why Greece was chosen, in addition to its high fiscal deficit and overall debt scale, the most important thing was that Goldman Sachs made a false account for Greece to allow it to enter the EU smoothly. The quagmire of Greece was buried in the beginning. Broken EU idea.
It is also very important that Greece's economy is the smallest, with gdp accounting for less than 2 of the EU, and it is much easier to attack than Spain and Italy. Greece is the most vulnerable part of the entire European debt problem.
This is like Thailand in the Asian financial crisis of that year. Soros was the first prey to attack, and the gap was the easiest to tear. "
Goldman Sachs, no institution is more annoying than Goldman Sachs, this is a synonym for trouble, almost every trouble that the United States creates in the financial market.
"Goldman Sachs really has it everywhere!" Andy frowned slightly, shook his head and smiled. He didn't have any special views on Goldman Sachs. As we all know, this financial crisis could not be separated from several American investment banks, including Lehman. Many investment banks, such as Bear Stearns and Merrill Lynch, either went bankrupt or were merged, while Goldman Sachs stood alone.
"Boss, if this time, as we guessed, there was a premeditated conquest, then Greece may be just an introduction, and the" European Pigs "are only a stepping stone, weakening or even defeating the euro. Goal of action.
Wall Street would like to obtain the most direct benefits from finance first, forcing the European Union to spend a high bailout price, and dragging Europe back from the recovery of the financial crisis. Even if the euro does not collapse, its position will decline significantly.
Rescue economies such as Greece that are in crisis can only rob the rich and help the poor, and will eventually consume the vitality of the core countries of the euro zone, Germany and France, which is undoubtedly the most wanted by the United States. "
After listening to the report of his think tank, Andy applauded approvingly, and everyone in the meeting room applauded.
How could Andy be dissatisfied? At that time, he just pretended to raise the financial crisis without paying attention, and whether the debts of European sovereign states would cause default risks because they exceeded their own capabilities. Analysis, and it is similar to what he remembers, but more detailed and well-founded than him, and he simply knows the Greek debt crisis.