"We are in a State of COLLAPSE - This is WORSE than Recession!" - Jeffrey Sachs Warning

[Farmer-Rick]

16. Not sure why you think "free" trade or Laissez-faire economics

Delivers for regular people.

Ask the Irish during the potatoes famine how they liked "free" trade err Laissez-faire economics. It was a major cause of the 2008 crash remember the repeal of Glass–Steagall to allow more "free" trading in the stock market by US banks? They crashed the economy and got bailed out for it. What did regular people get?

"Free" traders don't realize that along with a lack of tariffs, comes deregulation with their "free" trade. Foreign cheap labor is allowed to compete with regular citizens in their own country's market. Markets the citizens developed and paid for. NAFTA and those other "free" trade agreements seem to be worthless now that Trump is doing retaliatory tariffs. Why didn't those "free" trade agreements prevent such obvious market manipulation?

As Ross Perot explained, that sucking sound was our manufacturing jobs being sucked into foreign cheap labor countries. Thank "free" trade agreements for that. How did that help regular people?

Not sure if you saw all those stores closing during the W administration in the 2008 crash. If what you are seeing now in Michigan is more than that, man we are in for a world of hurt.