- Joined
- Aug 17, 2005
- Messages
- 20,915
- Reaction score
- 546
- Gender
- Male
- Political Leaning
- Very Conservative
Trajan Octavian Titus said:In 1993 they realized that reform was necessary so they deregulated the market to allow for competition, since then their economy has sky rocketed and has not gone down below the initial boom that had occured during the socialist reforms.
This is why I believe that if you give people a free market Democracy will be the natural progression, so, when people critisize China as being communist I say just give it time.
Now my question is should we enter into a major trading agreement b/w all the nation of the Americas both North, South and Central, as well as major economic powers in Asia, such as, Japan, and much of South East Asia and Australia?
It's been said that the major obstacle to an FTAA (Foriegn trade of the Americas Agreement) has been the American people and Washington themselves, because they are skeptical of the stability of the members economies,
So hopefully after the success of NAFTA and hopefully CAFTA (knock on Wood) the American people will realize that it will be good for all parties involved, especially the U.S..
Kelzie said:I really don't know how you can say that about Brazil. There GDP has been a rollercoaster since it took a nose dive in 94ish.
Trajan Octavian Titus said:You're thinking of Argentina but due to the success of the Mercosur agreement the other nations took some of the slack and their economy has stabilized.
In 1993 they realized that reform was necessary so they deregulated the market to allow for competition, since then their economy has sky rocketed and has not gone down below the initial boom that had occured during the socialist reforms.
Kelzie said:Or here. We'll see if I can figure out this whole picture uploading thing.
Can anyone else see that?
Trajan Octavian Titus said:in 2003 and 2004, Brazil ran record trade surpluses and recorded its first current account surpluses since 1992. Productivity gains - particularly in agriculture - also contributed to the surge in exports, and Brazil in 2004 surpassed the previous year's record export level and again posted a current account surplus.
Trajan Octavian Titus said:As of 2004 they are about on par with the UK remarkable for a South American country AND they have a higher growth rate.
Kelzie said:Who cares about the trade surplus? Their GDP, the most accurate measure of economic strength, blows. And according to your source, it declined even further in 04.
Trajan Octavian Titus said:Ya but they're still able to compete on the world market look at in relation to the U.K. and then compare their growth rate to ours:
Kelzie said:Dude, their labor force is three times the size. And growth rate? Just time for the next hill in the roller coaster. They have no stablity.
Kelzie said:Dude, a growth rate doesn't mean a whole lot if it isn't steady. Actually, I take it back. And unsteady growth rate is a sign of a unstable economy.
Not the point though. What has globalization done for them? Numbers don't lie. After they deregulated, their economy tanked, and they haven't recovered since then.
Trajan Octavian Titus said:You also have to consider that they have only adobted free market reforms for 10 years now the U.S. and U.K. have been doing it for the last 250 the UK even longer than that. Of course they're not perfect but imagine the potential, my proposal is more of a long term big picture kind of deal.
Trajan Octavian Titus said:No their economy tanked before they deregulated due to the stagnant socialist economy brought on by lack of competition, deregulation is the only thing that's gotten inflation under somewhat of a control. For example the Soviet Unions economy didn't fail because they deregulated it, they deregulated it because it failed.
Kelzie said:Well, their track record sucks so far. I think you're being a little too optimistic.
teacher said:So what Kelzie, are you an isolationist? We could economically rape most any country in the world if we so desired. We take economic hits from countries that we help develop to raise their quality of life because it's the right and moral thing to do. When these counties diversify enough to compete in multiple markets they can overall take a hit in specific items and survive over all. Years ago my middle daughter was in a car accident. A helicopter was there in 20 minutes. Most other countries you lay in a ditch and bleed. We are changing that for the world. Free trade helps them get into the big game. And as countries get better off in their standard of living they have more to lose by going to war and being dicks. How many Iraqi women know the temperature that water takes us the least volume? Educated wealthy people are peaceful people. I read once that no two countries with McDonald's have went to war.
Kelzie said:Prove it. Find the GDP before deregulation.
Trajan Octavian Titus said:GDP/GNP Growth Rate %: -4.60
Kelzie said:Compared to the 13% drop after they deregulated, that's pretty good.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?