Thanks. The sad part is, "free trade" is not capitalism. It's certainly not free markets (as Jeff Head said); it's a weird sort of globalist feeding frenzy.
I know, but I think they are related. Like with the cheap Chinese T-shirts: China has Most Favored Nation status. ( If I were running things they would NOT, and largely because of how they go about their manufacturing. I don't like slave labor) They sell us lots of stuff, holding companies buy up lots for Old Navy and we gobble it up.
And the Chinese, and some of these American corporations make scads of dough on the backs of kids, all because "Free Trade" has gone nuts.
The Chinese are getting way more out of the deal than we are too.
Me?
I just don't need that many cheap t-shirts. ( Although it is getting harder and harder to find anything that DOESN'T have a "bad" label in it! ) It's all inter-related.
Tia