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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

The Chinese Trade dilemma

October 29th 2010 02:00
Free Trade fails us - squid.me/9


China 's Trade Dilemma

Free trade is about moving production and factories from place to place for the sake of cheaper labor. This means countries like China have to hold their ground with cheap labor. This will leave them with a perlexing problem as workers expect more from the global economy.

It means that China must find ways to make money in more ways than one. Consuming the debts of other nations to keep the flow of products constant is a dangerous way because debtor nations are running out of gas as their own economies based on making money on money instead of making things are burning out.

Their distributing agents like Walmart also represent a middle man approach and most likely China is eyeing more of a direct approach. They opened their first direct factory store in New York and perhaps this is what is coming now. There is no reason for China to have a middle man where they do not need them.

Free trade has failed us all and China is no exception. Nothing can replace local value added economies that grow in balanced geopolitical settings. Nothing seems to be in balance when it comes to free trade which in the end is not really trade at all as historically practiced and defined.

The working poor classes and under classes that replaced middle class consumers no longer have enough money to buy even the cheaper imports. Everything is running out in the Bewildered New World. ( Search under tapsearch bewildered new world. See Mobile user friendly Tapsearch news sitesor Tapsearch Tapartnews featuring Ray Tapajna Chronicles that forecasted our economic crisis years ago through experts like Manuel Castells who predicted the coming of the Bewildered New World and Sir James Goldsmith, a former corporate raider, who wrote The Trap.

The COSCO shipping containers full of cheap imports keep rolling across America. COSCO is owned in part by the Chinese Liberation Army.
Somewhere soon, as water finds its own level, the Chinese will ask why do we need to do it this way. After all, free trade is about cutting out all unnecessary overhead. Why not go direct?

Posted by: Ray Tapajna Tapsearch Com

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