Canadian Manufacturers' Exports Fall, While Those Of U.S., Mexico Climb

Posted on Tuesday, February 08 at 08:59 by KevinGagnon

Relatively high-cost Canadian manufacturers have been losers to globalization, which has weakened the ties that bind the NAFTA partners who are increasingly looking outside of North America for markets and suppliers, a study concludes.

Over the past two years, Canada's total exports of manufactured goods have fallen by four per cent, while those of the U.S. and Mexico, its two NAFTA partners, have increased by more than 10 per cent, says the report released yesterday by Scotiabank.

"A fundamental shift in the dynamics of global trade is under way, driven by massive currency realignments and by the rising importance of China and other low-cost nations on the international stage," Scotiabank economist Adrienne Warren said.

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  1. Wed Feb 09, 2005 5:18 am
    Ms.Warren is obviously a neoclassically brainwashed, so called "economist", who has long forgotten that the stated purpose of economics is "The science for the management and distribution of scarce resources". Not to turn people into pigs, fighting for food at the trough, thrown at them by some privileged class, if and when they feel like it. Neoclassical, monetary market economics have become the biggest crime wave in history. Those who teach and enforce it should be in jail, those who absorb it are damaged for life. Far bigger, more destructive and more damaging than nazism or communism could ever dream of, yet, apparently it is still not enough for its proponents. All economies work on 4 simple physical laws we learn at school and then try to forget: The First and Second Laws of Thermodynamics, and Newton's Laws on Speed and Reaction. Every past economic system self destructed because they ignored these laws. Our present system is well on its way, thanks to the nonsense preached by our so called "economists", while robbing and killing millions of their birthrights. On account of these unbreakable physical laws: Wealth can not be created, or earned, only taken from others, or the environment. Costs can not be cut, only transferred on others, or the environment. All forms of competitions work on the laws of speed and reactions, therefore, they always increase and transfer costs on the losers. In neoclassical economics, monetary competition is used for legalized theft by special interests through the control and juggling of artificial, speculative values. Monetary values are not realities, but often violence induced temporary perceptions, therefore no economic principles, or calculations can be based on them, especially when a certain sector is permitted to create infinite amounts of money out of the blue and transfer the responsibilty for its convertibility on society at large. E.g. Ms Warren's bank is creating imaginary capital every day by accounting the assets of the borrowers as their own and then use their own loans as collateral to create more. If this isn't a racket, what is it? Economics? The present definitions of economic efficiency, the GDP, Growth and Productivity figures are again based on fraudulent calculations to forcibly collectivize, disempower and expropriate people's businesses, properties and lives with the control of imaginary capital. NAFTA purposely ruined many efficient and vigorous Canadian manufacturing industries, by declaring them "sunset industries", impoverishing millions in all 3 countries. It caused a 70% poverty rate in Mexico alone, where whole business and farming classes were destroyed, destituting millions, while the GDP is reported growing. This is called a "science". The same is happening all over the world under the regime of phoney free trade agreements that have nothing to do with trade. They are political treaties to deprive societies of their democratic decision making powers. The WTO, the World Bank and the International Monetary Fund are criminal organizations set up to expropriate and destitute societies through forced privatization of their institutions and services, pushing them into perpetual servitude to huge multinationals. It is not human labour that drives up costs, as it doesn't cost anything to a democratic society on the basis of human survival rights, but unemployment and incompetence caused by specialization, hi tech and automation. Therefore, if Canadian products "cost" more in monetary terms it is because the real, physical costs in other countries are absorbed, or transferred by politicians on their own citizens, or the environment. In other words, through the use of fraud and theft disguised as an "efficient" economic theory to enrich its controllers.
    If the human race is to survive, it must shed itself of ideology, pseudo religion, propaganda and superstition based economic theories and accept the impartiality of long standing physical and human rights laws to control democratic decision making for the benefit of all and not become another con game in the hands of special interest classes. Ed Deak, Big Lake, BC.

  2. Fri Feb 11, 2005 4:16 pm
    Absolutely, Ed. The economy needs to be democratized, taken away from this tiny sect (deliberate choice of word) of fanatical greed creeps and power mad loonies. Imagine if the large-scale economy were run by cooperatives - everyone having a share, and a vote - rather than these Hells Angels Gangs in pinstripes. Imagine if the small scale economy were allowed to be run by Mom and Pop, rather than forced out of business by multinational hamburger joints or their equivalent, one of the most useless organizations ever devised.



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