How the fuck are you a PhD in economics? What the fuck do they just give those away like toilet paper these days?Originally posted by: Dari
Do we go back to life as it was before? Borrowing from the Chinese/Japanese to buy Chinese/Japanese products? What a great deal for them. One of our great exports, finance, is now damaged goods. That means our other great export, education, will hurt as well. This can't be good. I'm not saying we should be more protectionist going forward, but we need to have a more comprehensive approach to trade. Seeing how the Chinese are so hostile towards America, I don't think it's a good idea to keep giving them our hard earned money. Furthermore, the current system has benefited businesses more than consumers so I think we need to think long and hard about an alternative method. I think the European (continental, not Anglo-Saxon) approach to economics is smarter overall, even though it means more expensive products. Anyone else thinks this?