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Could you be concrete? What specific American resources are being depleted? I know we recently became an oil exporting country. Would you be happy if we banned
by yummyfajitas 10y ago
Could you be concrete? What specific American resources are being depleted? I know we recently became an oil exporting country. Would you be happy if we banned oil exports? Should we stop exporting corn and industrial machinery too?
China prevented their wealth from escaping through isolationist policies, it is clear that this model is the best way to secure our future. Simply lifting people out of poverty without enforcing domestic consumption...
China has the third lowest rate of domestic consumption (as a percentage of income) in the world. The only countries with a higher savings rate (and therefore a lower consumption rate) are Kuwait and Bermuda.
http://www.cnbc.com/2015/10/25/china-savings-rate-versus-the-world-in-a-chart.html http://www.cnbc.com/2015/10/25/china-savings-rate-versus-the...
Oops.
- specialist 10y ago"American resources are being depleted?" Water. "Should we stop exporting corn..." Mostly. *"...and industrial machinery too?" No.