Globalization

[Goosemaster]

As a leading producer of Financial collateral, raw goods, a variety of services, and intellectual capacity, the US has for some tme now dominated, or at least played a major role in the worlds economy.

Even if the goods and services are now produced or exported elsewhere, the US still plays some part in the process right now.


However, as jobs are exported, and markets continuously develop elsewhere, where does that leave the financial beheamoth that will no longer be as dominant many years down the road?



Basically, what is to become of the US in a globalized society?



I have heard many arguments for and agianst globalization, but the end result is a shift of production and intellectual might, regardless of how long it takes, and would like to hear comments on the inevitable, and what you the US's future is.

For example, NPR did a report about a small town in { i think} Montana. Basically, it was just a dying small town that got rejuvinated by steel demands from CHina.

Are we to become fol,lowers in the future instead of leaders? Assuming that itis is inevitable, what would you hypothesize that transition to be like?

 

[AFB]

Originally posted by: Goosemaster
As a leading producer of Financial collateral, raw goods, a variety of services, and intellectual capacity, the US has for some tme now dominated, or at least played a major role in the worlds economy.

Even if the goods and services are now produced or exported elsewhere, the US still plays some part in the process right now.


However, as jobs are exported, and markets continuously develop elsewhere, where does that leave the financial beheamoth that will no longer be as dominant many years down the road?



Basically, what is to become of the US in a globalized society?



I have heard many arguments for and agianst globalization, but the end result is a shift of production and intellectual might, regardless of how long it takes, and would like to hear comments on the inevitable, and what you the US's future is.

For example, NPR did a report about a small town in { i think} Montana. Basically, it was just a dying small town that got rejuvinated by steel demands from CHina.

Are we to become fol,lowers in the future instead of leaders? Assuming that itis is inevitable, what would you hypothesize that transition to be like?

This country + 20 years == crap

 

[AccruedExpenditure]

I'll be in whatever country I can make money in. (as long as they speak english)

 

[Goosemaster]

Originally posted by: amdfanboy

This country + 20 years == crap

aye.

WE will have to compete DIRECTLY with a multitude of nations that can offer a marginally acceptable product for WAY under even our COSTS.

 

[Goosemaster]

Originally posted by: Gnote
I'll be in whatever country I can make money in. (as long as they speak english)

It is your duty ...as an...AMERICAN....to seek WEalth, even if it means abandoning her...😀

 

[gsaldivar]

Are we to become fol,lowers in the future instead of leaders? Assuming that itis is inevitable, what would you hypothesize that transition to be like?

If we sit around, wringing our hands, looking to the government to provide us subsidized, unionized jobs where we can make $25.00 an hour bagging groceries, answering phones, or waiting tables, then YES - you can expect other countries to pick up the slack and overtake the USA in the future.

On the other hand, if we collectively realize that protectionist policies serve only to prolong the demise of non-internationally competitive sectors, and that we should EMBRACE their loss as a natural and inevitable process of industrialization: then we DO HAVE A CHANCE at migrating our workforce toward higher-paying and more internationally competitive service-sector jobs in the future.

:beer:😀

 

[AbsoluteParadigm]

I would think the economic might would eventually shift to China, India, or one of the other Asian nations. As the current outsourcing trend increases, my bet would be on India as the next economic power house. After that, China might start using some of its economic muscle.

The transition would be not smooth. Transitions never are. There will be some sort of crisis.

 

[TheBDB]

What will be funny is when companies outsource all the American jobs to other countries and then go out of business because Americans don't have enough money to buy their products.

 

[AFB]

Originally posted by: TheBDB
What will be funny is when companies outsource all the American jobs to other countries and then go out of business because Americans don't have enough money to buy their products.

That is the thing that always gets me.

 

[Goosemaster]

Originally posted by: amdfanboy

Originally posted by: TheBDB
What will be funny is when companies outsource all the American jobs to other countries and then go out of business because Americans don't have enough money to buy their products.

That is the thing that always gets me.

YEah, it's a "catch Twenty-fvk You!"