storm999

Bright Future for U.S. Industry as We Move from Consumer to Industrial Economy

End of the mercantilist trade cycle -if only it could e true! It's a thought provoking article and like it. If it becomes possible for American manufacturers to use short turn around times and efficiency to beat Chinese (and other countries) virtual slave labor that would be great. Personally, I think that withing five years we will have a persistent trade deficit associated with mercantilist countries forcing down the values of their currencies- those who buy wheat, rice and oil in dollars, want to have a trade surplus with us. Loved the article though, gave me a completely different perspective.