Mexico and Argentina are going diplomacy apesh*t, really overreacting

[GePap]

Originally posted by Oerdin


Mercosur's over all economy is small by global standards.

"Global standards"? What standards are those exactly? I love when someone says something as meaningless as "global standards".

[Dinner]

Compare Mercosur to the other major trading blocks or even to the other major trading nations. They aren't tiny but they're small fry and not very well developed. They need free trade with big markets to see big increases in trade and big decreases in unemployment.

[GePap]

Originally posted by Oerdin
Compare Mercosur to the other major trading blocks or even to the other major trading nations. They aren't tiny but they're small fry and not very well developed. They need free trade with big markets to see big increases in trade and big decreases in unemployment.

Hmm, major trading blocks...

Nafta, made up of 3 top 20 economies. OK
EU, made up what? 15 states?

What other major trading blocks? Asean? not a real trading block, and none of those economies are in the top 20.

So essentially all you are saying is that compared to Nafta and the EU Mercosur is small. WOW. Thanks for that nugget of wisdom.

BUt maybe you forgot, there are 187 states in them, and somehow, most of humanity does not happen to live in either of those trading blocks. So I again woder what crazy "global standards" you claim to use.

As for unemployment, that is a bull**** number. Anyone can lower the number of unemployed. Just have a command economy.

The simple question is, would the Mercosur economies really benefit from "free" trade with the US? That is debateable.

[Dinner]

I said big trading blocks and major tradeing nations! The bottom line, which you keep ignoring, is Mercosur's people need access to the world's big economies in order to really decrease unemplyment. The big losers remain the workers of those anti-free trade countries. That's the moronic part.

[GePap]

Originally posted by Oerdin
I said big trading blocks and major tradeing nations! The bottom line, which you keep ignoring, is Mercosur's people need access to the world's big economies in order to really decrease unemplyment. The big losers remain the workers of those anti-free trade countries. That's the moronic part.

Oh, and being part of the largest free trading block in the world has done wonders to end the unemployment problems of Germany, right?!?

Mercosurs people do NOT need access to the worlds biggest economies to have jobs. This is absurd. And why do they need jobs anyhow? JOblessness is a bull**** measure of well being. There is 0% unemployment in aqn agrarian state full of subsistance farmers. What is Mercosur supposed to sell? They can't compete with China or East Asia in terms of cheap manufacturing. They can't compete for high end goods. Services don't travel that well. So what is it that Mercosur can offer, beside a cheap market for American goods, which does nothing to aid unemployment anyhow?

[Dinner]

Of course free trade doesn't in and of itself solve all problems. There must be good macro policies which support free trade. Everyone knows that's where Germany fails.