Global Protectionism

I saw an article in CNBC Asia today that really made me laugh:

China Commentary blasts the Buy American Plan
http://www.cnbc.com/id/29213426

Yet just a few days ago on Business Day:
China hikes export rebates to aid growth
http://www.businessday.co.za/articles/world.aspx?ID=BD4A932767
There was also another article somewhere about China subsidising the cost of electricity for its steel mills.

Dont people realise that nations are using the worlds media to fuel propaganda to the masses, and the journalists just lap it up and report without bothering to actually analyse what they right.

We are being brainwashed into believing that free trade is good: Yes it is so long as all parties adopt free trade practices. Where one side adopts free trade and the other doesnt (or subsidises its industries to gain an uncomercially biased outcome) free trade is detrimental.
 
I saw an article in CNBC Asia today that really made me laugh:

China Commentary blasts the Buy American Plan
http://www.cnbc.com/id/29213426

Yet just a few days ago on Business Day:
China hikes export rebates to aid growth
http://www.businessday.co.za/articles/world.aspx?ID=BD4A932767
There was also another article somewhere about China subsidising the cost of electricity for its steel mills.

Dont people realise that nations are using the worlds media to fuel propaganda to the masses, and the journalists just lap it up and report without bothering to actually analyse what they right.

We are being brainwashed into believing that free trade is good: Yes it is so long as all parties adopt free trade practices. Where one side adopts free trade and the other doesnt (or subsidises its industries to gain an uncomercially biased outcome) free trade is detrimental.

Red hot chilli we agree to agree on something kudos for the post:D
 
never been a fan of free trade - ever.

at the local market? sure, no problem. internationally? forget it.

look at our deal with the US. all we got was more coma inducing sitcoms, more Britney, more advertising, less advert dubbing and moreamerican "culture" - if you can call culture regurgitated and re-consumed on a daily basis "culture".

free trade with the US = sellout.
 
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