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Strategies & Market Trends : The Art of Investing
PICK 45.35+0.2%Nov 7 4:00 PM EST
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To: Sun Tzu who wrote (2909)11/27/2021 10:22:39 PM
From: robert b furman1 Recommendation

Recommended By
pak73

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Hi Sun,

I'm jaundiced about out political system/leaders.

They sell the worker out for their gain. I fear.

I have had grave doubts about our capitalist system raising capital for the communist Chinese and their communist controls, for Wall Street Fees? A fools game.

That's just what I can not justify from a nationalist's perspective.

In my opinion globalists were the pre-internet solution to inflation.

Now that the internet is the great equalizer, along with robotics and 5G, I think it is time to moderate the globalization movement and 2% inflation will no longer be a problem for us to have.

It will bring higher paying jobs and manufacturing with the highest quality back to our land.

To me, "A MADE IN CHINA" label is a warning sign.

I'm retired and my purchases are now minimal, but I'll gladly pay more for quality.

I'm tired of the stuff I've bought no longer lasting.

Today I broke a 6 ton vise with a pipe, trying to press bearing races into my 1955 nomad intermediate relay rod.

The vice exploded into two pieces!

Took it to my 30 year old press and no problem.

Here in Wisconsin we have a lot of skilled trades that build things to last forever.

In order to sell into the China market, they had to cheapen the product for China to buy it. If it wore out or didn't last and took more people to make it last , that was their preference. Cheap CRAP!

Lots of folks to keep working I guess.

We don't need to help them. We did not drop a nuclear bomb on them or destroy their manufacturing hubs.
In fact we shared our tech to be able to build it for them?

I've not been there, and have a domestic view, but that IS how I see it.

Bob
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