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Old 08-01-2017, 10:56 AM
 
24,722 posts, read 26,785,278 times
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Quote:
Originally Posted by Yuptag View Post
Would it be possible for the USA to be self-sufficient or become self-sufficient in the next 5-10 years for the following 30-50 years in all major aspects: food, fuel, medicine, metals, manufacturing.

Seems that the USA could: plenty of agricultural land and fishing grounds; plenty of petroleum, plenty of land of solar, wind power, coastline for wave power; best medical research and medicine production. Missing low value-added manufacturing, but it seems we could revive that in 5-10 years, plenty of iron ore and incentive to recycle.

I think there are few countries that are blessed to have enough skilled people, large enough population, and enough natural resources.
Of course it's possible. The globalists don't want any country to be self sufficient.


https://www.youtube.com/watch?v=JvLU6i8ahzg
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Old 08-01-2017, 12:21 PM
 
8,021 posts, read 6,222,835 times
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Quote:
Originally Posted by mysticaltyger View Post
Of course it's possible. The globalists don't want any country to be self sufficient.


https://www.youtube.com/watch?v=JvLU6i8ahzg
While everyone else gives sensible answers you give conspiracy theories from odd ball sources.
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Old 08-07-2017, 10:54 PM
 
Location: Greater Houston
4,514 posts, read 8,597,576 times
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Quote:
Originally Posted by Ro2113 View Post
While everyone else gives sensible answers you give conspiracy theories from odd ball sources.
The only self-sufficient country I can name is North Korea. The only reason they do this is because they are a pariah in the World Community. Why would we want to emulate them?

These isolationists really need an education about how global trade works. These blue-collar GOP supporters only know the drivel from talk radio, Faux News, and Bitebart tells them (like some state-run media) and believe every word-for-word. If they had attended my Business School, their eyes would be opened on how the world really works.
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Old 08-08-2017, 03:13 AM
 
1,025 posts, read 559,196 times
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Quote:
Originally Posted by lukas1973 View Post
Sorry, but that's nonsense. For example most of the machine tools in U.S. factories have to be imported. They are not a luxury, they are imperative to kept manufacturing productive. It's absurd to try to replace those imports by domestic made equipment. In many small but important niches you will find only a few provider for each field of capital goods. For example it would be absurd to think that it's possible to acquire all the knowledge and experience that for example Italy has in the manufacturing of food processing equipment. It's far easier to build clothing, shoes and consumer electronic factories on U.S. soil and occupy them with tens of million American workers than to aquire all the knowledge and experience that is necessary to produce all these complex capital goods.

Trying to become self-sufficient would mean to fall behind all other developed countries.
Lukas1973, I’m among the proponents of an “Import Certificates”, a proposed policy for our nation’s foreign trade.
Your 7:53 AM, August 1, 2017 post touches upon the economic concern for distribution and consumption of resources.

Import Certificate policy is a unilateral, substantially market driven policy that would very significantly reduce, if not eliminate USA’s chronic annual trade deficits of goods. It’s not applicable to the prices of scarce or rare mineral materials integral within shipments of globally traded goods.
IF there’s an effective demand for a product in the USA, Import Certificate policy would not prevent that product from entering our nation.

The policy’s self-funding; all net expenses are eventually passed on only to final purchasers of imported goods. Net expenses beyond federal tasks for assessing values of shipments and administrative tasks, (i.e. non-federal net expenses) also serve as price subsidies for USA exports at no additional cost to anyone else.

Refer to Wikipedia’s “Import Certificates” article.
Respectfully, Supposn
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Old 08-08-2017, 10:56 AM
 
12,404 posts, read 9,199,643 times
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Quote:
Originally Posted by Yuptag View Post
Would it be possible for the USA to be self-sufficient or become self-sufficient in the next 5-10 years for the following 30-50 years in all major aspects: food, fuel, medicine, metals, manufacturing.

Seems that the USA could: plenty of agricultural land and fishing grounds; plenty of petroleum, plenty of land of solar, wind power, coastline for wave power; best medical research and medicine production. Missing low value-added manufacturing, but it seems we could revive that in 5-10 years, plenty of iron ore and incentive to recycle.

I think there are few countries that are blessed to have enough skilled people, large enough population, and enough natural resources.
Yes, but we would have to accept a much lower standard of living.
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Old 08-10-2017, 12:22 PM
 
564 posts, read 260,871 times
Reputation: 1155
Quote:
Originally Posted by KerrTown View Post
The only self-sufficient country I can name is North Korea. The only reason they do this is because they are a pariah in the World Community. Why would we want to emulate them?

These isolationists really need an education about how global trade works. These blue-collar GOP supporters only know the drivel from talk radio, Faux News, and Bitebart tells them (like some state-run media) and believe every word-for-word. If they had attended my Business School, their eyes would be opened on how the world really works.
So, you must have been relaxing in a safe place the day your business school told the rest of the class NoKo is nearly totally dependent on China. Sweet Jesus.
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Old 08-10-2017, 01:51 PM
 
9,086 posts, read 3,701,709 times
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the US is more self sufficient than most countries as is...

there isn't a country that the US does not export food to, we can starve them out if any country tries anything with the us

People think China owns US debt? We feed China many times over by export amount, the debt they own would not buy enough food to feed themselves past a few years
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Old 08-13-2017, 02:42 PM
 
9,065 posts, read 9,221,268 times
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Quote:
Originally Posted by Yuptag View Post
Would it be possible for the USA to be self-sufficient or become self-sufficient in the next 5-10 years for the following 30-50 years in all major aspects: food, fuel, medicine, metals, manufacturing.
Trade is in the trillions of dollars per year. We can't go back to a time of self sufficiency without major upheaval that would probably make WWII look like a street scuffle.


So I don't think this question is realistic. A much more realistic but difficult goal is returning to statistics similar to 1992 when exports of $616,882 million nearly balanced imports of $656,094 million. We haven't had a positive balance since 1975.
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Old 08-14-2017, 06:23 AM
 
4,229 posts, read 1,905,340 times
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Quote:
Originally Posted by PacoMartin View Post
Trade is in the trillions of dollars per year. We can't go back to a time of self sufficiency...
Can't "go back?" When was there ever such a time?
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Old 08-14-2017, 09:29 PM
 
Location: Greater Houston
4,514 posts, read 8,597,576 times
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Quote:
Originally Posted by cekkk View Post
So, you must have been relaxing in a safe place the day your business school told the rest of the class NoKo is nearly totally dependent on China. Sweet Jesus.
It's technically impossible for a country to be completely self-sufficient. But North Korea comes very close due to their tight border, totalitarian controls, and foreign sanctions.
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