Disastrous Global Trade Wars on Tap

Mike Shedlock

New border controls are another sign of increasing protectionism in European states. It was not supposed to be this way, yet these controls represent a Vote of No Confidence in Europe

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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11 Comments So Far

Ress Wrote: Apr 22, 2012 11:49 PM

I suspect a large part of the motivation to secure borders is not so much protectionism as concerns over the massive immigration of Muslims.

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Ress Wrote: Apr 22, 2012 11:47 PM

"Temporary" border controls sound about as credible as a "temporary" tax increase.

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Ress Wrote: Apr 22, 2012 11:46 PM

One of the most damaging consequences of the public's abysmal ignorance of economics is their gullibility to the lies of the protectionists, who only serve their own advantage at the expense of the nation as a whole.

Elementary economics proves that a free trade policy benefits your country regardless of the protectionist follies of other countries.

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para_dimz Wrote: Apr 22, 2012 9:28 PM

Global trade can't work with unreliable currency.

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Blair31 Wrote: Apr 22, 2012 4:33 PM

Let's raise tariffs on Chinese goods by 25%.

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DockyWocky Wrote: Apr 22, 2012 10:36 AM

Wait until Obama gets into their act.

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Victor64 Wrote: Apr 22, 2012 9:37 AM

I'm ready for the two-witnesses of Revelation, chapter 11 because man's 6,000 year reign is about over. Did I mention that women's "intellectualizing" began man's age and NOW she is ENDING IT again through her "INTELLECTUALIZIBG?" At least according to the MSM, "WOMEN ALONE" VOTED IN THE SELF-PROFESSED "ANTI-CHRIST"(marxist) and the "ONLY" person outside of the BIBLE EVER IN THE ENTIRE HISTORY of MAN(i.e. "FORBIDDEN FOREIGNER" of Deuteronomy 17:15)! Welcome to Adam's world! just saying...

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TJS Wrote: Apr 22, 2012 9:20 AM

I'm ready for tariffs on products from countries with high current accounts. Time to stop corporations who take advantage of low wages and outright theft of technology. They have prospered tooooo long, buying low in China and selling high in the US and their off shore bank accounts prove it.

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wdwrkr Wrote: Apr 22, 2012 11:27 AM

Why do we need the gov't to do anything (such as tariffs)? We can do plenty on our own by, freely, refusing to buy products made in economically predatory countries.

If we think that is in our interest.

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patrickhenry1732 Wrote: Apr 22, 2012 12:11 AM

It is time for America to Rediscover the Constitution, Bill of Rights, and liberty. Shouldn't we demand to restore the principles of limited government?

If you share these values check out the website (see below):

CONSTITUTIONLIBERTY. COM

Sign up for the Newsletter!

Thanks.

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Disastrous Global Trade Wars on Tap

Mike Shedlock

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