Australia marks the end of an era, exits car-building business

[FeedBot]

General Motors closed its last Holden factory in Australia last week, officially bringing to an end nearly a century of Australian automotive manufacturing. The move was far from unexpected, and follows similar pull-outs from both Ford and Toyota last year as carmakers seek out more sustainable production locations. For almost a century, Australia...

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[Professur]

They need to pull a Trump and slap BIG import duties on car imports now.  Actually, they needed to do it a while back to keep those jobs. They'll say they didn't want to drive up the price of cars .... but what's the point of cheap cars when nobody has a job to buy them?

[Frosty]

56 minutes ago, Professur said:

They need to pull a Trump and slap BIG import duties on car imports now.  Actually, they needed to do it a while back to keep those jobs. They'll say they didn't want to drive up the price of cars .... but what's the point of cheap cars when nobody has a job to buy them?

I thought we didn't believe in protectionism in these days of globalization and global markets?

Of course, I did enough the fictional results of counter-protectionism in Tom Clancy's Debt of Honor. 

[Professur]

Globalism doesn't work when half the planet isn't onboard.  Just like trying multiculturism with a xenophobic culture.  Something about swords and plowshares. The only way you'll make globalism work on this shitball is good old fashioned imperialism.