1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Biggest trade deal of all time and nobody’s paying attention.

Discussion in 'Issues Around the World' started by ethics, Jun 20, 2013.

  1. ethics

    ethics Pomp-Dumpster Staff Member

    TTIP would be the biggest trade pact of all time, by far. It creates a trading bloc far larger than NAFTA—extending from California to Romania, and encompassing almost half the world’s total economic output. It would reach much deeper “behind the border” into public policy areas people don’t think of as pertaining to trade. The $2.8 trillion of GDP generated by our NAFTA partners Mexico and Canada is swamped by the European Union’s $16 trillion economy. TTIP would rework virtually every federal regulatory scheme, providing opportunities for huge new economic efficiencies but also for dramatic levels of malfeasance if, for example, banks use it as a pretext to undermine post-crisis financial regulations.

    No matter if you are for it or against it, it IS a huge turn of events. Much bigger than NAFTA.

    TTIP: Transatlantic Trade and Investment Partnership would create the biggest free trade area ever. - Slate Magazine
    dsl987 likes this.
  2. Biker

    Biker Administrator Staff Member

    I see a whole lot of "wrong" with this. Obviously, NAFTA wasn't that much of an object lesson. **sigh**
  3. Biker

    Biker Administrator Staff Member

    TTIP Documents Revealed

    This should be very interesting once this is published. Hopefully the backlash pretty much kills the deal.
    dsl987 and Allene like this.

Share This Page