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FSN: 22 Stats That Show How The Emerging One World Economy Is Absolutely Killing American Workers

Thursday, August 16, 2012 8:31

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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

from The Economic Collapse Blog

For decades our politicians have promised us that the “free trade” agenda would bring us greater prosperity than ever before. They insisted that merging our economy into the emerging one world economy would cause millions upon millions of new jobs to be added to the U.S. economy. Unfortunately, it was all a giant lie. Trading with other countries is not a bad thing as long as the level of trade is fairly equal on both sides. When trade becomes very unequal, the consequences can be absolutely catastrophic. Since 1975, the United States has bought more than 8 trillion dollars more stuff from the rest of the world than they have bought from us. We are the only economy on earth that could have had 8 trillion dollars drained out of it and still be standing. Instead of leaving the country, those 8 trillion dollars could have gone to U.S. businesses and U.S. workers. If we could go back and have a “do over”, how much more prosperous would we be today if we had kept that 8 trillion dollars inside the country?