WAIT! ALL IS NOT LOST. The circumspect Harry S. Dingey writes for us once again:
So. It is exactly like I have been preaching for the last 15 years since America joined NAFTA and the WTO. At some point the American working class will totally run out of money from having all the better jobs moved off shore to China where the international companies can hire slave labor for $2/day. American Workers have maxed out their credit cards and now working for minimum wages flipping hamburgers at McDonalds and Sonic. The Chinese workers who worked for slave labor can not afford to purchase the same items they manufactured. So the game was forced to stop. This is exactly where we are right now in America.
The American President and Congress have not figured out yet they are pushing on a string with all of these Trillions of Dollars in Bailouts because what they are doing is creating a Temporary Consumer Product Demand.
Since the bailouts are creating only a temporary product demand it will fizzle out very, very soon and the Depression will continue. But, America will be even worse off because will be burdened with all this extra national debt created from all these bailouts. They just don't get it. GLOBALISM will not work under any circumstances it is just that simple.
Solution? PULL OUT OF NAFTA and the WTO and stop all these trillion dollar bailouts and things will start to improve over night. Then go back to accomplishing international trade the exact way America did for well over 215 years and America will become that shining light on the hill again.
I'd like to see this happen in my lifetime, or it may never happen again. The numbers are just not there.