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It's not my country - harr harr! The U.S may not produce as much money as it produces value, but it still produces more value than any country in the world! Tha
by maxklein 18y ago
It's not my country - harr harr! The U.S may not produce as much money as it produces value, but it still produces more value than any country in the world! That value is not going anywhere.
Seriously, don't be afraid. This is a media recession. If this were a real economic problem, companies would be tightening their belts, buying shares, merging, selling off stuff, and the vultures would be there pecking at carcasses. It's not happening. The papers make things sound bad, but imagine you didn't read the papers. When you go out, things are pretty much the way they always where.
- run4yourlives 18y agoPlease name which products that the world relies on the US to produce. Exactly.
- maxklein 18y agoGoogle, Boeing, Ford, Windows XP, iPhone, Nike, Levis, McDonalds, Coke. That's just by looking around the room I am sitting in.
- tom_rath 18y agoHe said "relies". I could do without all of those during hard times.
- maxklein 18y agoYou could do without airplanes? Clothes? Soft drinks? If you are doing without those, then what do you need from China?
- tom_rath 18y agoThere are less-expensive alternatives for all of the examples you provided. Take a look at what happened to each of those companies (which existed) back in the early 90s. For planes, there's already a nice inventory of used aircraft backing up thanks to the latest airline bankruptcies. Do you think an airline will be buying new (or any?) aircraft if vacation and business travel drops off a cliff?
- maxklein 18y agoSo you really think in a time of globalisation and opening markets, a country will suddenly become an island because people are too poor to travel? Anyone who believes this is seriously believes this needs to read some books.
- rsheridan6 18y agoIf you're talking about the kind of hard times where your economic needs are reduced to 1400 calories/day, a lump of coal to cook your millet gruel, and some shoes made of old tires, the US is at least a major food exporter. I don't expect times to get that tough.
- eugenejen 18y agoNike, iPhone, are all made in China. Levis are made in Latin America. I am not sure that will be counted as "made in U.S.A" But I am sure we have made a lot of pornos because U.S. constitution protects them for the freedom of speech. And it is really risky for any people in Middle East to shoot porns than in U.S.A. . So probably this is one of few things that we make that poor men outside U.S. truly rely on.
- iuguy 18y agoGoogle is trans-national with development done worldwide Boeing is trans-national with production worldwide Ford is trans-national with production worldwide Microsoft is trans-national with development worldwide Apple is predominantly US based but trans-national Nike manufactures in China or anywhere sufficiently cheap Levi is the same McDonalds gets its meat from Brazil and is trans-national Coca-Cola is trans-national - in WWII Coca-Cola in germany was scarce, so the local franchisee developed Fanta as an alternative which made its way back after the war.