The costs and benefits of producing or importing:
The expenditure formula itself only reduces or increases GDP by the nation's net trade balance which is based upon the price value of globally traded products. But there's often additional production supporting goods and services that are not...
A trade deficit indicates the nation consumed more than it produced.
A trade deficit indicates the nation consumed more than it produced. Annual trade deficits are always net detrimental to their nation's GDP and thus to their numbers of jobs.
I'm among the proponents of the improved trade...
Retaliation within global trade:
(I'm among the proponents for USA adopting the unilateral Wikipedia described “Import Certificates” trade policy).
USA should not seek to harm other nations, but we should not refrain from protecting ourselves because nations exporting to us will consider our...
USA's trade agreements are all subject to modification or termination:
All of USA's international trade agreements have clauses for mutually agreed upon modifications, and for individual nation's unilateral resigning from the agreement if mutually agreed upon modifications cannot be achieved...
Import Certificates Vs. Tariffs:
I’m a proponent of USA could adopt an Import Tariff policy as described in the Wikipedia article entitled “Import Certificates”.
Refer to:
https://en.wikipedia.org/wiki/Import_certificates
The subject of tariffs often arises within discussions of Import...
TOP BRITISH GENERAL WARNS OF NUCLEAR WAR WITH RUSSIA; “THE END OF LIFE AS WE KNOW IT”
Claims Moscow plans to march into Baltic states
Senior British army officer and former deputy supreme allied commander Europe Gen. Sir Richard Shirreff warns that NATO faces “nuclear war with Russia in Europe,”...
The economy has gone suicidal.
It is working against the very people who need its energy to survive. It is collapsing on its own weight, and the weight of literally incalculable levels of toxic debt. And it is going to create the greatest disaster of our time, if the warnings from the world’s...