How does WTO affect the United States, China and Africa?

Question

What are the cons and problems?

Answer 1

Well it depends on how you want to look at. Currently in the US the "deals" worked out by the WTO have shipped our manufacturing jobs over seas. Then when tariffs are eliminated, we have corporations like wall-mart that sell imported stuff, (dirt cheap c**p) that puts even more businesses out especially local ones and monopolizes beyond legality. Then lastly if you go to you-tube and watch "Hijacking Catastrophe" parts 1- 8, you will understand that the WTO brings about individuals who don't have anyones best interests in mind. Find out who they are?

But now when it comes to China, they have had an economical boom with it. Witch started in 1979 and as of 1999 that all has caught up with them. No they are still a growing economic power house, its just killing them and accelerating global warming.

Africa hasn't really benefited at all, is at least how I understand it. However I have heard that China is already planning on moving companies over there.

Answer 2

They make loans to people who cannot repay them. Then they foreclose on those loans. The WTO is working to end private ownership around the world.

They also think that they aren't answerable to national governments.

An organization, like "KIVA", does much more to keep ownership in the hands of individuals entrepreneurs around the world.

"If a government is powerful enough to give you everything you need, it is also powerful enough to take it all away."

Senator Barry Goldwater

Answer 3

They help destroy our sovereignty.