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The World's News - Follow Ray Tapajna in his journey in the Global Economic Arena

Free Trade is not trade. It is primarily about moving production from place to place anywhere in the world for the sake of cheaper labor. The value of workers and labor has been degraded and deflated. This represents trillions of dollars lost in the process

Economic Crisis Never Ending Cycle

July 7th 2012 17:51
Follow Ray Tapajna's journey in the global economic arena

Economic Crisis Keeps Rolling By

COSCO Shipping Containers keep rolling by in your neighborhood. COSCO is owned in part by the Chinese Liberation Army. A new kind of invasion is rolling by.

If we keep doing the same thing in the same way, we will just keep getting the same results. If we listen to same old news channels, not much will change. If we just keep taking in the same old statistics with essential data left out of the picture, there is not much we can expect to change.

The core of our economic crisis is free trade. Free trade is not trade as historically practiced and defined/ It is about moving production from place to place for the sake of cheaper labor. The first question, we should ask is this. Who said we had to compete with one another for the same jobs in a global economic arena?

It was the U.S. Federal Government who sponsored the moving of factories outside of the U.S.A starting in 1956. It was supposedly a temporary program to test new economic models but it never ended.

Several experts predicted the coming of our economic crisis more than twenty years ago including Sir James Goldsmith, an economic convert who was a corporate raider and who started populist movements in both England and France before he died. In 1992,he told the U.S. Congress during a hearing about the passing of NAFTA and GATT what was going to happen if they passed. Manuel Castells who wrote several books about globalization and free trade predicted the coming of the Bewildered New World as it is today more than 15 years ago. There's plenty of information about him online and I always wondered why major media channels never report about him. There were several others including myself who predicted the same scenario. I personally experienced more than a thousands computer businesses going out of business in just Ohio Pennsylvania and Michigan. I had a computer business for more than twenty-five years as a trouble shooter supplier for major corporations who were hit by free trade. I had about 1,000 clients and/or top prospects in my files. Virtually all of them when out of business or went offshore. I also have a file of more than a 100 large computer manufacturers who went out of business due to unfair competition. I supplied computer components directly to China and during this time about one third of all computers had to be smuggled into China. I fought to the end for the last micro computer made in the U.S.A. In the late 1980s and throughout the 1990s more than a million workers lost their jobs in the computer industry alone. It was not only heavy industry that took a hit. And so when I see comparative analysis of our economic crisis going back just a few years, I wonder if anyone is really serious about restoring our economy. Let's face it, free trade is a failure. President Obama came and bailed our this failed system and put the same money people back in charge. And if anyone wants to read what really goes on in our government tied into big money and international commerce, read Confessions of an Economic Hit Man by John Perkins. See Really Long Link and Really Long Link if you really are serious about restoring the American Dream

If we keep silent about the real world we live in, we are doomed to a dark existence. As long as things like the Trade Deficit is out of the discussion, there is little hope to grab onto.

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