pigdog67

The Aftershock: Where Does the Next Investment Opportunity Lie?

The real issue is the offshoring of production and the offshoring of services to India and China. This is destroying the ability of most Americans to increase or maintain incomes. Education will not solve this. Neither will entrepreneurship. As soon as something new is developed the multinationals will buy it or copy it and offshore development outside of the USA. Is it better to be educated and unemployed or just unemployed. This is the dirty undercurrent that the media and the politicians will not address. Basically the ability to generate wealth in the USA is being transferred to other countries. However the elite in America is doing fine by taking there cut from this. Eventually the offshore elite will cut the American elite out of the deal.