Mr. Tea
Let's Talk About Ceps
Ceta is the new one.
Right, but Canada's small beer compared to the USA.
Ceta is the new one.
if free trade deals go away, the same americans who've railed against them will eventually start complaining about the loss of cheap goods. those manufacturing factories in the rust belt ain't coming back anytime soon, if ever. i feel for people without college degrees living in those areas who've seen their manufacturing jobs disappear, not easy for them to simply retrain or relocate. a fucked situation, but campaign rhetoric from a demagogue isn't the solution to their problems.
Its potentially worse than TTIP, or so Im told.
Agree with all the above. Obviously Trump doesn't give a fuck about anybody else, least of all the powerless.
Globalisation is creating these problems (not least the environmental damage being created by global industrialisation) which people are looking to the right (even the FAR right) to solve. The thing is, I think many on the left don't see immigration as a problem, or consider it racist to even suggest that it is, but clearly on some level economic immigration is CREATED by neo-liberalism, by free trade, the outsourcing of labour, etc. This seems to be the most persistent anti-left complaint I see popping up: that Labour and the left in general are so middle-class that they don't understand the enmity working-class people feel towards immigration. The Tories don't care about the working-class, clearly, but helpfully for them they are either racist or cynical enough to get behind the 'foreigners out!' message.
It's really worrying to think how much worse things are likely to get, what with the ecological catastrophe of climate change, the machination of more and more labour, the increasing population, etc. Has history shown us that in times of crisis people become more empathetic and selfless?
Well Canada's diabolically bad track record on environmental issues is certainly cause for alarm, at any rate.
The IMF identifies “political discord and inward looking policies” as one of the two big risks to its prediction that global growth will increase slightly... the others being stagnation in advanced economies.
These two factors are, of course, interlinked. If western economies continue to struggle, protectionist pressures are going to rise...
The solution... is a three-pronged approach rather than the continued reliance on central banks, with their ultra-low interest rates and money creation schemes. Governments have to loosen fiscal policy... where there is scope to do so, and reallocate spending towards growth-enhancing sectors...
Finally, there have to be measures aimed at supporting those harmed by economic change, whether as the result of globalisation or technological overhaul, such as stronger welfare nets and more progressive income tax regimes.
One explanation for the IMF’s hyperbolic warnings about the immediate impact of the Brexit vote is that it thought the expected remain vote would mean they would never have to be justified. Now that it has, the IMF is terrified because it sees the UK referendum as symptomatic of something deeply dysfunctional about the global economy it has helped to shape in the past four decades. Which indeed it is.
Surely TIPP would be good for our economy in much the same way as the EU...?
There are obviously a lot of people who aren't positively disposed to globalisation, and they vote. That's reality.