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I got the feeling that the cash the Feds are printing is helping to move jobs to Asia. Low interest rates are allowing Asian exporters like China to leverage and subsidize their exports to the tune of hundreds of billions of dollars.
Everything is being subsidized, from wages to raw materials to capital, to ensure that factories continue running and exports are cheap enough to kill off competition.
While Wall street executives are busy helping themselves to state funds, the real war being fought are over jobs.
Everything is being subsidized, from wages to raw materials to capital, to ensure that factories continue running and exports are cheap enough to kill off competition.
While Wall street executives are busy helping themselves to state funds, the real war being fought are over jobs.