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Free Trade is the problem. The developed countries must impose 50% or higher tariffs on imported goods, services and intellectual property to protect their
by SlipperySlope 10y ago
Free Trade is the problem.
The developed countries must impose 50% or higher tariffs on imported goods, services and intellectual property to protect their workers.
The USA enjoyed very high growth rates in the 1800s.
When economists get around to simulating the economy via agent based modelling of every decision making financial entity, akin to how weather is forecasted in voxels, then Free Trade will be revealed as the root cause of the slow growth rate of the developed countries.