1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Discuss politics - join our community by registering for free here! HOP - the political discussion forum

Imports and exports of U.S.

Discussion in 'U.S. Politics' started by Grounded, Apr 4, 2007.

  1. Grounded

    Grounded New Member

    Joined:
    Mar 28, 2007
    Messages:
    93
    Likes Received:
    2
    Trophy Points:
    0
    We have been importing way too much more than we have been exporting. Our net exports as part of our GPD has been declining since the last 20 years.

    If this pattern continues, U.S. will be in debt forever. We will start to lose our grip as the world power.

    What's your opinion on this?
     
  2. Dave

    Dave New Member

    Joined:
    Mar 29, 2007
    Messages:
    364
    Likes Received:
    1
    Trophy Points:
    0
    Imports and exports work in a cycle. Once China and the other countries we import stuff from have more of the worlds wealth than they need, their economies will shift to more of buying oriented economy that the U.S. is in right now. Once the U.S. cannot sustain the type of economy we are in, we will have to shift in the opposite direction and produce goods that will be needed in when China quits producing so much.
     
Loading...

Share This Page