Nassim Nicholas Taleb Quotes

We are surrounded by people with accents because America is a nation of immigrants. Beyond that, the people who made your iPhone and the shirt on your back are probably Asians, and we're really not that disconnected from each other; we have very intimate relationships with the world, whether or not we realize it.

We're part of a global economy whether we like it or not.

The people see the layoffs. We must also show them the payoffs of trade.

While the Japanese are shipping us Toyotas, they’re exporting something more important than cars. They’re sending us unemployment.

Mexican exports worldwide benefit the U.S. economy because of their high percentage of U. S. content.

We're so interdependent, and what one country does is such an important part of what happens in the global economy.

I still remember my dismay in the summer of 2007 when - for the first time in the history of planet Earth - America's share of auto production dropped below 50 percent.

It is people who are the objects of globalization and at the same time its subjects. What also follows logically from this is that globalization is not a law of nature, but rather a process set in train by people.

Products made in China are cheap through the exploitation of the workforce. Every time we shop, we are driving the nail further into the coffin of American manufacturing jobs.

The United States and Arizona are both losing jobs to offshore locations.

The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.

Just about everything I own was made in China. Just about everything you own was made in China, too.

In the four decades after World War II, manufacturing jobs paid more than other jobs for given skills. But that is much less true today. Increased international competition has forced American manufacturers to reduce costs. As a result, the pay premium for low-skilled workers in manufacturing is smaller than it once was.

Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.

If you're a global company you are going to have jobs overseas. The reality is if we start taxing those jobs at a rate that makes them noncompetitive in those markets, the reality is that we're going to lose business.

A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.

America's moved so much of its production and manufacturing offshore, it's become a nation of middlemen.

Many large brands are now just marketing machines for what's being made offshore.

The Dell Theory of Conflict Prevention argues that no two countries that are both part of the same global supply chain will ever fight a war as long as they are each part of that supply chain.

America has global trade with plenty of nations that provide inexpensive labor, but it's better for us when they're in our own hemisphere, rather than sending that business halfway around the world.

iPhone4 is sold in the U.S., Europe and elsewhere, but it was assembled in China. As the world's center for the processing of IT products, China's environment is paying the price.

China has concluded that trade trumps all.

Every day more Americans watch their jobs being shipped overseas.

So when they come around and say they want to do our stuff in America, it's compliment really.

Basically all the world's computer parts come from the same supply chain that runs from Korea, down through coastal China, over to Taiwan, and down to Malaysia.