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Old 09-05-2004, 05:02 AM   #4 (permalink)
gmc
Senior Member
 
Join Date: Aug 2004
Location: Scotland
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Posts: 4,724
Re: Your local economy

Our steel industry was decimated thirty years ago along with most of our heavy industry. Its one of the myths about scotland it's not all brigadoon and shortbread we are or were one of the most heavily indistrialised countries on the planet.

Bush almost started a trade war with the EEC and japan over steel imports and only stopped as other industries began to complain having to pay artificially high prices for steel was affecting their exports and profitability. Globalisation is not somthing that just affects other countries it will affect the US as well.

Your steel industry wasn't efficient enough to compete on the open market and neither was ours, blaming dumping rather misses the point.

Next time you are in a bike shop have a look at where the frames and components are made. Look at the electronic chips in your cars where your TV's are made

It's the same with farming. you can't complain about EEC subsidies to their farmers when you subsidise your own farmers and block imports form third world countries. The EEC insisting that american farm produce be clearly identified as GM if that is the case is not anti american, european consumers just won't buy the stuff of it's clearly marked in the UK most of then had to take the stuff off the shelves because no one was buying it. Starting a trade war over it and trying to get us to accept them will not get the result you want. There is a lot of pain to come for many industries, particularly the old heavy industrial ones.

It's the same in the IT industry, most computers are made in the far east China is going to have an increasing part to play as well that's why oil proces are going to rise no matter what you do in the middle east, unless you try and tell middle eastern countries who they can sell to although I doubt even GW is that daft.

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