Donald Trump has been busy relocating a handful of factories back to the US in an effort to dramatize an important economic fact of life. Namely, America doesn't make much anymore, and it is the loss of goods production that in considerable part accounts for the vanishing of breadwinner jobs in Flyover America.
It's Fed Day----Someone Should Tell The Donald
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.