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Most realize that China has eaten our lunch. But what most don’t know is that China was a reluctant participant early on. Every subsequent action is on us! It was only later that American companies got greedy and decided to trade their patriotism for corporate growth. How else to explain the wholesale exodus of American jobs and technology overseas; particularly to China? The reason: to make our goods more competitive on the world market by utilizing cheaper labor which results in higher corporate profits. China is not just another country among many who got America’s manufacturing jobs; it was the number one country that took our jobs. China has cornered 28.7% of all manufacturing jobs in the world. Think about it for a moment.
Both corporations and government put blinders on to make a bargain with the devil. When you look at the logic of trade with China, you realize […]
Excerpt Sourced From: www.americanthinker.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
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