Free Trade? Fair Trade?
(Audio length 00:58:47)
The current face-offs between the United States and China over trade resurrect an issue that has wide-ranging ramifications in both countries. Is “free trade” really free? Is there such a thing as “fair trade?” Our guest, Ian Fletcher, speaks with Ellen about his book “Free Trade Doesn’t Work.” We also visit with historian Mike Jacobs about how the Bank of North Dakota relates to the state’s oil industry, which is too often given credit for the bank’s success.
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Ian Fletcher is all wrong. Total world GDP is declining, Ellen. Chinese people trusted the USA. Now they don't. We gave away the farm in free trade, but we were starting to cash in due to the prosperity of the Chinese! We were selling more and more stuff to the Chinese before Trump became tariff man! Did you know that China bailed US out of the Great Recession? China does not have to obey our laws. China does boost capitalism better than we do. You see that Ellen. Since the American people have turned away from China, we will not cash in on Chinese prosperity. We are thick as bricks. We have 900 businesses in China. China should tell them to relocated headquarters to China or get the hell out. It will be a bad thing if we divorce from China. We are in debt. Chinese people have savings. This guy is a brick. This was a very disappointing interview.