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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (23545)10/17/2009 12:57:39 AM
From: maceng21 Recommendation  Read Replies (1) of 71475
 
This time the manufacturing will be wiped out

Yes, I entirely agree with your point. Perhaps I forgot to to emphasise in my post that the will to exist by manufacturing was a primary driver in a nations economy.

Government and business do have entwined interests, and Japan is a good example in the last 60 years of it's history. I am not an expert or student of Japan's history but I do know there has been a constant national policy supportive of manufacturing since 1946. If manufacturing is not going to be a primary force in the economy, it's needs to be decided at national government level what is, because the citizens still need employment.

The USA' s (inlude UK's) politicians are going to get the message eventually. Politicians wages come from tax receipts.

No jobs = no taxes = no politicians wages or graft, and a very troublesome and unhappy set of citizens.

Once they figure that out, the recovery will be underway.

Competition on a global scale is good, but a supposedly democratic national government that has been overrun by international corporate special interest is a system that is programmed to fail imho.
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