General Discussion
In reply to the discussion: Without endorsing TPP, some things to consider about it. [View all]True Blue Door
(2,969 posts)1. Yes, it has been expansionist. Repeatedly. Ask the Tibetans. And it's expansionist now, because it can afford to be.
2. China's per capita income in the decades before trade was closer to sub-Saharan Africa than Mexico.
3. Doesn't matter whether the oligarchy give a shit about their citizens. The money they make comes out of factories, not stock gambling or interest rates. That kind of investment changes an economy for the better. It's how European investment drove the industrialization of the United States in the 19th century.
4. No, I'm saying the trade deficit would spread out among more partners, giving the US proportionally more leverage with each of them than it would otherwise have.
5. In other words, an obvious truth you can't dispute, but are too petulant to simply concede it.
6. You have a very high opinion of Chinese billionaires.
I'm not making arguments for or against, I'm making points that need to be taken into consideration. But since you already know everything, feel free not to judge us mere mortals who have to actually invest thought before we form an opinion.