To make Mario Draghi see the positive and see more clearly so that he can accelerate Net Asset Purchase of useless corporate and government bonds in Europe, the USA should levy 25% duty on Cars Imported from Europe.
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Nobody wins in a trade war!
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Maybe look harder and DOWN at the people below you to see the positive.
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Everyone pays higher prices? That definitely helps little people.
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Yes because in the long run they will have better quality of life.
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Please, in terms of economics, explain how higher prices leads to better quality of life?
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Prices have risen for years while quality of life has declined for the working class. Despite globalization prices still rise. People don’t mind paying extra in exchange for better jobs, higher wages, better quality goods and services, etc. 1 world, 1 govt benefits the rich most.
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Globalization is just the scapegoat. Most of the jobs have been taken by machines, robots, and computers. Those jobs aren't ever coming back. The dream of a low education, one skill, decent wage job is dead forever.
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Wrong. Why are Mexicans, Chinese, Vietnamese, Germans, etc still working in manufacturing, energy production, etc? If the jobs are “gone” how are other countries still employing people in those industries?
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Because of a little thing called Purchasing Power Parity. They can pay a lower wage in most of those countries because that wage is more livable than the converted wage in USD. Not all mfcturing jobs are machine replaced yet, but almost all will be by the end of this century.
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Yeah. I think that was kinda commie’s idea when they campaigned for the boycottPresident

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