Outsourcing America 3017
Razor Face
read that line from Phil Scott which says the US is printing funny money to finance your import. Wealth does NOT originate in the US -that a bad trade deal can take away from you.
Mainly because 1% of the population owns 90+% of the wealth. We are headed that way in the U.S. and our infrastructure...
they will have to continue working and most likely -all americans will witness a precipitous drop in std of living in the near future,
they will keep fooling the world around themselves and themselves -till they can. The rise in the value of commodities is an indicator of a loss of purchasing power, despite running the US mint at full speed.
things have gotten great before they started heading down to earth. You will just have to reconcile if you are nothing special compared to people in other countries -then you will not be able to enjoy a better std of living than people elsewhere for long -and without indulging in some sleight of hand. it just defies the laws of gravity to do so.
put it in a swiss bank account and buy some real commodities which bernanke and his alchemists cannot generate out of thin air. If you eat meat, you may want to consider buying pork bellies future contracts. If they lose their value -you can still have buttured food for the rest of your life.
regards -kamal