TiCD: Fee Trade
The stock market is not, nor will ever be, a real-time indicator of America's economic health. Free trade is not free, someone ALWAYS foots the bill. This and more on todays episode of The Internet Complaint department.
Shadow throttled comment of the day: "This has to be the single most delusional rant I've ever heard from you, Dr. Paul. The process by which America could potentially "innovate" to be competitive with China would necessitate destroying American jobs in the process. In other words the cure would be as bad as the disease. You cannot beat free-99 labor costs without free-99 automation. I agree with you in a sense - I do not believe trade tariff's will change things for the better here. We need to cut off all trade with China. Rip the band-aid off, suffer the necessary hurt of our fallen industry, so we can build it up again. No one wants to hear this, and few want to say it. Besides, I thought China was our mortal enemy. If China is such a threat to America, then WHY ARE WE TRADING WITH THEM? Why are we relying on them so heavily???"
Ron Paul's video: https://www.youtube.com/watch?v=41F7NNXVy5E&t=1144s
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