Are you incapable of comprehension or are you just acting stupid? How much volume your "GDP" is your business, when you want things others have you need to provide something in return.
Originally posted by coconut01
The US GDP is about $10 trillion compared to that the trade deficit is lunch money.
I am not sure what "high tech" you are speaking of. Because the last time we had some US Admininstration official here in India, that guys was begging/demanding us to buy agricultural products and "services". Doesn't look pretty "high tech" to me.
Regulation of the US lunch money can be done at the expense of free trade, but free trade will bring global per capita income up and make our high tech manufacturing affordable for export assuming that global development makes the block on overseas shipping of high end technology nonsequitur.
Product life cycle add that to your lexicon. Oil is going the way of the Twinkie. I hope you like plastic. You can-t squeeze water from a rock, but you can make electricity from sand, storing it is the kicker.
Now I see that you need to learn a little physics.
First Law of Thermodynamics: Energy can neither be created nor destroyed. It can only change forms.
Second Law of Thermodynamic: (This can be stated in many forms. Here is one) The amount of energy available for useful work decreases whenever energy changes forms.
Now these, unlike economic theories, are laws verified in the laboratory for their empirical validity in a zillion experiments.
For you to generate electricity from any source, it must have some useful energy. And the quantity of energy available when converted to electricity is less than in its original form. If the original form was otherwise unusuable like flowing water, that is fine. Otherwise someone is just selling a dollar for less than 100 cents, he can't expect to make profit.
All the production and much more that you see around is the result of the concentrated energy sources, fossil fuels. When you can't get your hands on enough of them (you import a lot of them), you'll have a jolly good time with all your "GDP"!
I can easily see that you are not energy savvy and someone had sold you a real pipe dream. Enjoy it until reality hits!