Bottle some up for me, please.Originally posted by: TruePaige
I piss excellence.
Export THAT
Originally posted by: Howard
Bottle some up for me, please.Originally posted by: TruePaige
I piss excellence.
Export THAT
Originally posted by: OverVolt
Pretend we live in a world with runaway inflation, so we can hardly import anything.
What exports would we have to fall back on?
PC chips
Entertainment (Good luck in a global recession exporting much)
Food
Chemicals
Pharmaceuticals
Automotive (Barely)
Coal
Is that all we really contribute to the world economy?
Exports - commodities:
agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2003)
Is that all we really contribute to the world economy?
There was and is a HUGE world-wide glut of steel. Production over-capacity X10. For the most part, US steel is price non-competitive, and has constantly cried for retaliatory tariffs because other countries have subsidized their steel industry exports to keep them going. That said, a few smart, specialized niche producers of ours do ok.
Originally posted by: bobdole369
There was and is a HUGE world-wide glut of steel. Production over-capacity X10. For the most part, US steel is price non-competitive, and has constantly cried for retaliatory tariffs because other countries have subsidized their steel industry exports to keep them going. That said, a few smart, specialized niche producers of ours do ok.
I thought that there was a HUGE worldwide steel shortage! So much so that buildings and construction were delayed. I though the Chinese were buying up a lot more than they used to and that was creating the shortage. Well I suppose I heard that a few years back, and I bet the market overcorrected.
Salt. The great lakes region has giant stores of salt. 500+ feet down between MI, Ohio, Penn, Indiana, Ilinois. WAY more than the world will ever use for tens of thousands of years.
Originally posted by: bobdole369
There was and is a HUGE world-wide glut of steel. Production over-capacity X10. For the most part, US steel is price non-competitive, and has constantly cried for retaliatory tariffs because other countries have subsidized their steel industry exports to keep them going. That said, a few smart, specialized niche producers of ours do ok.
I thought that there was a HUGE worldwide steel shortage! So much so that buildings and construction were delayed. I though the Chinese were buying up a lot more than they used to and that was creating the shortage. Well I suppose I heard that a few years back, and I bet the market overcorrected.
Originally posted by: OverVolt
Pretend we live in a world with runaway inflation, so we can hardly import anything.
What exports would we have to fall back on?
PC chips
Entertainment (Good luck in a global recession exporting much)
Food
Chemicals
Pharmaceuticals
Automotive (Barely)
Coal
Is that all we really contribute to the world economy?