Originally posted by Nightshade
of course that's all true, im playing devils advocate and pretending to be a little more optimistic than you guys.
things that are true of economy, in general:
1. services are the first to be cut back, as opposed to products, and agriculture.
2. Oddly though, Americans are some of the few that can probably afford to eat less as a great place to save money.
You can't "outsource" most things:
1. construction
2. farming, for the most part, especially considering america has a lot to offer, far more than canada or mexico.
3. restaurants and food preparation
4. gvmt: mail delivery, road and utility construction, etc
there are many others to site, but these things generally cant be leveled off anymore, they cant be lowered in price, and they cant be produced in other countries. When it comes to that point companies that wish to sell their goods in america will have to deal with america or they wont be able to.
I never considered Nafta a bad thing, but I can see how it potentially could be...We still do export plenty to asia and Europe, however.