how to solve the China problem in the US?
China is a huge problem in the US. Everything seems to be made in china -- it is causing American companies to go bankrupt, and it is ruining the economy. So how would you go about fixing this? My plan is to take over China economical -- raise tariffs to and from china to a ridiculous amount over like 2 years so companies have enough time to get out, and refuse to bring them down until china becomes a democracy -- then, there will be a minimum wage and companies such as wall-mart won't take advantage of the Chinese people's factory laborers. Since there is no minimum wage in china, people work for barley any money -- so things are cheaper to make in china, instead of the US. If china becomes democratic, they probably will have a minimum wage, and then there will be no more problem with factories being in china to make things so cheap. Well.. i don't really care if prices on things go up, because I am already rich.. and im never going to run out of money. I already have enough to live off of, yet here I am trying to make the world a better place. I am noble.
Economics - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
...or... hide all the chopsticks.
2 :
i like your thought on this
3 :
I don't want to offend. But you really need to learn a little bit economics and political science. You should think about who benefits so much from the cheap products made in CHINA. It's American customers. Do you want to pay a much higher price for almost everything? Your wallet will shrink! The cheap labor in China is not due to the political system, but the large population. Not many American companies go bankcrupt because of China. You also need to see many American companies invest their money on high-value added products, like automobile, IT industry.... Now Chinese companies cannot compete with them.
4 :
First, China's in an unprecedented phase of their own history, namely their Industrial Revolution. In terms of US firms going bankrupted...doubtful... that's why we're in a dangerous inflationary period, because we're buying all of our stuff and EVERY one else's. If US Firms go under, it's called an Open Market for a reason. The concern centers on China buying US Bonds on the open market. At some point, those bonds will become due as they are sold and traded on the secondary market.
