http://6ampacific.com/2009/03/15/protectionism-ahead/ Basab Pradhan's weblog about business and life in a 'flat world'. 6 AM Pacific is the best time for a global conference call. Tue, 27 Jul 2010 19:39:26 +0000 hourly 1 http://wordpress.org/?v=3.0 http://6ampacific.com/2009/03/15/protectionism-ahead/comment-page-1/#comment-16344 Vivek Wed, 10 Jun 2009 18:29:17 +0000 http://6ampacific.com/?p=366#comment-16344 My take on this that India ,China ,Japan etc that have U.S money in treasuary notes, will not be able to put much road blocks once the U.S start Protectionism. In order to save the debt they owe from U.S they have to dance like a tool on U.S moves. When a bank give a loan to somebody, now its the bank's responsibility to make sure the person with the money does not run away and s/he is doing good. --Vivek Puri My take on this that India ,China ,Japan etc that have U.S money in treasuary notes, will not be able to put much road blocks once the U.S start Protectionism. In order to save the debt they owe from U.S they have to dance like a tool on U.S moves.
When a bank give a loan to somebody, now its the bank's responsibility to make sure the person with the money does not run away and s/he is doing good.
–Vivek Puri

]]> http://6ampacific.com/2009/03/15/protectionism-ahead/comment-page-1/#comment-16203 Kelpie Thu, 19 Mar 2009 13:27:15 +0000 http://6ampacific.com/?p=366#comment-16203 Somebody should bring up the the question(s): What if the world stopped buying arms from the Americans; What if the world stopped drinking Coke and Pepsi and made their own colas? What if local shampoos replaced H&S; What if the world stopped banking with American Banks (not sure what is in store now in any case:)). . . What is 'Made in America' today?. . . should not one stop and think of this before yelling about offshoring or outsoucing jobs? We are in the global economy, we give and we take, how can there be trade otherwise? TIme for folks to think about what can they do and how can they be productive? How can they be gainfully engaged in areas different from what they were doing for many years? Learn new skills?. . . . Somebody should bring up the the question(s): What if the world stopped buying arms from the Americans; What if the world stopped drinking Coke and Pepsi and made their own colas? What if local shampoos replaced H&S; What if the world stopped banking with American Banks (not sure what is in store now in any case:)). . . What is 'Made in America' today?. . . should not one stop and think of this before yelling about offshoring or outsoucing jobs? We are in the global economy, we give and we take, how can there be trade otherwise? TIme for folks to think about what can they do and how can they be productive? How can they be gainfully engaged in areas different from what they were doing for many years? Learn new skills?. . . .

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