Globalization Ship News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here. the globalization ship has left the port and now as i mentioned those producers are looking to import from other countries, often in asia. so a, the notion of import substitution that will just replace all that stuff domestically, it is just not going to happen. that's just not the structure of the global economy. and b, you're really hurting american producers, it's just what you said at the beginning of the show. the farmers are getting hurt by retaliation, but it is actually american producers using intermediate imports in their production from china that took the first hit, and it's ...

Unscramble the globalization omelet, and he can't. it's not just that we import toys and televisions from china. we also import tons of intermediate goods. these are imports that go into products that are produced here. so our linkage is to the chinese economy are not just the stuff that's on the shelves of walmart. and even then, as i said in my last remark, those goods are not going to be made here. the globalization ship has left the port and now, as i mentioned, those producers are looking to import from other countries often in asia. so, a, the notion of imimportant substitution that we'l...

Toys and televisions from china. we also import tons of intermediate goods. these are imports that go into products that are produced here. so our linkage is to the chinese economy are not just the stuff that's on the shelves of walmart. and even then, as i said in my last remark, those goods are not going to be made here. the globalization ship has left the port and now, as i mentioned, those producers are looking to import from other countries often in asia. so, a, the notion of imimportant substitution that we'll just replace all that stuff domestically is just not going to happen. that's n...