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Jun 20 2013 12:38pm
Looking for a discussion on NAFTA
Asked to write 250 words on NAFTA
Post what you think or your thoughts on it.
Offering fg for great responses!
(Only have 3 to give =[ )
I know Google has all the answers, but I wanted to hear from you guys on what you think about it, how it effected us. Pros Cons
Just general discussion.
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Jun 20 2013 10:58pm
By us, do you mean the US or Mexico? Pick your POV and I'll help.
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Jun 23 2013 02:18pm
I meant from the US point of view. I know it has helped in many ways and we wouldn't be here today without it. I just wanted to see what people in the US thought, how it's helped. Just general thoughts
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Jun 24 2013 01:40am
Quote (ag22 @ Jun 23 2013 12:18pm)
I meant from the US point of view. I know it has helped in many ways and we wouldn't be here today without it. I just wanted to see what people in the US thought, how it's helped. Just general thoughts


It's started the outsourcing issue that the US is facing. Factories first went to Mexico, where they didn't have to pay tariffs to ship products back. It's caused a decline in the standard of living in the US and Mexico.
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Jun 24 2013 10:24am
Yeah, and I know it was to blame for the declination of jobs in the US, and it impacted Mexican farmers, but did it really affect Canada at all other than tariff free shipping?
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Jun 24 2013 11:59pm
Quote (ag22 @ Jun 24 2013 08:24am)
Yeah, and I know it was to blame for the declination of jobs in the US, and it impacted Mexican farmers, but did it really affect Canada at all other than tariff free shipping?



Nothing affects Canada, ever.
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Jun 25 2013 12:24am
I feel like if our country can keep good relationships with other countries then we should.
everybody is worried about money these days, especially the gov't
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Jun 30 2013 04:12pm
I'll give a decidedly different perspective for the shot at fg.

Nafta was one of the first steps of a general plan. First because of all the strength of the middle class credit was loosened and after the "recovery efforts" of the dot com boom to find a place to suck up all the liquidity that was pumped into the market Credit (accounting units created from nothing in a computer) was loosened in the housing market, this was the building of what we now call the "subprime crisis" After everyone and there brother had refinanced and gotten mortgaged into houses and those mortgages were bundled and sold to foriegn investors, the effects of NAFTA were to ship the high paying jobs offshore (NAFTA was used as a tool for this). This caused a large majority to not be able to afford the mortgages and pushed things over the tipping point.

At the same time the investors who bought all those subprimes realized the people owing the debt would never be able to pay and were activly defailting on those, they started screaming fraud and demanding money back. NAFTA was used as a tool to offshore the jobs and the people going into default had the Real Property turned over to the banks, through both legal and illegal means if you can recall the Forclosure Mills. The banks sold enough into the markets to repay the foriegn creditors keeping the financial system from completly collapsing and ended the game holding more Real Property, as many who had owned their homes outright had taken out mortgages at attractive rates through the equity they had built up, and ended up losing houses and property that they had previously owned outright.

Long story short in case that wasn't clear, NAFTA was used as a tool to facilitate a HUGE wealth transfer from the hands of private citizens into the moneyed class and financial institutions, who are now happy to re-sell (with a new 15-30 year debt obligation) us what we previously owned.

How's that?
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