Vox Day Free Trade Debate by Future Strategist published on 2016-04-14T02:42:36Z I debate Vox Day on free trade. http://voxday.blogspot.com/2016/04/challenge-accepted.html http://voxday.blogspot.com/2016/04/two-hours-to-kickoff.html Genre Learning Comment by R B The economics argument of free trade makes sense but free labor movement is a disaster. White aesthetics, intelligence, etc. are worth preserving. Our Culture is worth preserving. Islam and other cultures are not compatible with Western Civilization. White aesthetics can be damaged via racial interbreeding, and our IQ can be reduced as well. 2016/07/21 20:37:05 +0000 Comment by Future Strategist @scottishmentat: Thanks. If China didn't buy our debt someone else probably would have and at a slightly higher interest rate. U.S. debt is in dollars (which we print) while the debt of many other nations has been in gold or foreign currency. Still, I agree with you that our high government debt is bad. 2016/05/11 05:23:32 +0000 Comment by soccercake7 When government intervention rose considerably. Thus a point to Dr. Miller 2016/05/09 21:37:43 +0000 Comment by Sven Sønberg Wow try your 'mute' button next time the other guy is talking 2016/04/14 16:36:08 +0000 Comment by Scottishmentat @scottishmentat: So- is there a counter to this effect, or a caveat that needs to be stated? 2016/04/14 15:03:16 +0000 Comment by Scottishmentat Hi James- I wanted to say it was a true joy listening to you both debate, absolutely fascinating stuff! Thanks for agreeing to this debate and for hosting the follow-up audio. I do have a quick question- in your opening remarks you mention that there are almost no harmful actions that could result from a foreign nation possessing a large amount of US cash. As a real-life example, China spent its share of US cash (generated by a trade imbalance) to purchase US debt. I generally view this as harmful, because it subsequently encouraged shameful spending habits by the US government. Cheap capital as provided by banks (or in this case, the pseudo-bank effect of China) encourages a heck of a lot of malinvestment writ-large. The problem is, this debt isn't held by a company that can simply fold via bankruptcy, it's held in common (theoretically) by the US public. The effects of entire nations going bankrupt have been seen in examples of the Weimar republic, failed nations in Africa, etc. 2016/04/14 15:01:35 +0000
