Free trade as an economic policy has been the policy of choice in the United States. Most of us just accept that without really understanding what it means, how it is meant to work and if it is even really working correctly. Economist Ian Fletcher does a very clear and concise job of presenting his views in a way that everyone can understand.

There is an inherent flaw in economic theory in that it endeavors to be scientific and without emotion. However, people are not always the most logical of beings and certainly are not unemotional. Marketing 101 tells you that people make purchases based on emotions more often than logic. One only has to watch commercials on television to know that is true.

In the free trade economic model, people such as Americans who are more interested in the ability to consume today are able to do so. However, in the process, both Americans and the country itself, go further into debt. According to free trade, the model is working because they are happy with the results of material gain.

Nations who produce goods that are purchased in the United States, many in Asia, do so at a cost far lower than American companies can. One reason for this is that the wages are abysmally low which further means that these workers cannot purchase American goods. An enormous imbalance arises with more dollars flowing out of the United States in trade than are flowing back in.

Some of these other countries, China for one, hold huge amounts of American debt. Their choice is to look long-term as opposed to short-term and put off material consumption today. They prefer holding the American debt. But this model only works if the debtor nation can keep borrowing forever. If the Chinese want the debt repaid and the U. S. Cannot or if they refuse to keep lending, the whole thing falls apart.

To get a stark and realistic picture of how free trade is really working in the U. S. And the world at large, take a look at the works of Ian Fletcher. It may challenge some of your assumptions. Just as it challenges the assumptions of economic theory as well.

To find out the latest information thats regarding Economist Ian Fletcher, you should search the Internet for information. Many websites will give you the latest on his ideas and whats going on. Http://www.freetradedoesntwork.com/