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Originally posted by peck420
If the US dollar drops, it could reinvigorate the manufacturing sector, which could negate the increase in dollars.
Originally posted by ANOK
What manufacturing sector?
It's all gone to China.
The capitalists have abandoned American workers for more profit due to cheaper labour. Yet they expect those same workers to buy their products in America. Idiots! Chopped off their heads to save their hands. Too interested in keeping their profit margins, than investing in Americans.
American labour cannot compete with China. They get paid 6c to make a shirt they sell to you for $60. Can you work for those kind of wages? Of course not.
edit on 12/2/2011 by ANOK because: typo
Originally posted by peck420
American labour can not compete today. What about tomorrow? What about when Chinese (Urban and Rural) pay is equal in value to US pay (estimated at 10-15 years)?
The funny thing about pay is that it is only relevant to the local economy. You can't compare rates of pay across the US let alone from China to US, as they are (literally) worlds apart.
Originally posted by havok
Can you resize the graphs as to show the last decade?
All of them seem cut off around 2000.
Just a suggestion...then I'll comment.
Originally posted by Logman
If anyone thinks America is headed for hyper-inflation, they know little about economics and geopolitics and history.
Originally posted by peck420
American labour can not compete today. What about tomorrow? What about when Chinese (Urban and Rural) pay is equal in value to US pay (estimated at 10-15 years)?
Originally posted by peck420
Not necessarily.
If the US dollar drops, it could reinvigorate the manufacturing sector, which could negate the increase in dollars.
Originally posted by relyt
reply to post by Wrabbit2000
Well here is Germany and Zimbabwe's charts for ya and they do not look good.
German Hyperinflation
Zimbabwe
Also here is a good video from Chris Martenson to also explain what we are going through right now.edit on 2-12-2011 by relyt because: (no reason given)edit on 2-12-2011 by relyt because: misspell of video author
Originally posted by Logman
If anyone thinks America is headed for hyper-inflation, they know little about economics and geopolitics and history.
Originally posted by burdman30ott6
What about elimination of free trade? I'm serious.
Globalism is a loser's game for the US.
Originally posted by burdman30ott6
Originally posted by peck420
American labour can not compete today. What about tomorrow? What about when Chinese (Urban and Rural) pay is equal in value to US pay (estimated at 10-15 years)?
What about elimination of free trade? I'm serious. Washington DC could, with the stroke of a pen tomorrow, do the right things and enact crippling tariffs on all imported goods along with rewriting the law to clearly state "Made in the USA" means MADE IN THE USA. Within 6 months this nation would be reliving the boom years of the 50s and 60s when the production sector built the greatest economy on Earth.