Outsourcing production of virtually everything has brought US to brink of nightmare economy scenario
Outsourcing production of virtually everything has brought US to brink of nightmare economy scenario
Stay updated with breaking news from Import Genius. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Outsourcing production of virtually everything has brought US to brink of nightmare economy scenario
Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon. Ever since I started The Economic Collapse [...]
Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon. Ever since I started The Economic Collapse Blog, I have been warning that outsourcing the production of just about everything and running massive trade deficits year after year would eventually have very serious consequences down the road. Well, now we are officially “down the road”, and our incredibly foolish trade policies have put us in a very precarious position. During the “good times”, being extremely dependent on the rest of...
Meghan Markle-Sponsored Holistic Coffee Brand Reportedly Used Oat Milk Sourced From Xinjiang, China © REUTERS / POOL Subscribe Sputnik International https://sputniknews.com/world/202104041082535127-meghan-markle-sponsored-holistic-coffee-brand-reportedly-used-oat-milk-sourced-from-xinjiang-china/ The US, EU, Britain and Canada have accused China of human rights abuses against the Uyghur Muslim minority; Beijing denies the allegations, which have led to a spate of tit-for-tat sanctions. Clevr Blends, a startup that makes instant oat-milk lattes, tou...
Publishing date: Mar 15, 2021 • March 15, 2021 • 3 minute read • Article content CARACAS — Venezuelan President Nicolas Maduro is pressing banks to implement digital payment systems as hyperinflation prompts chronic shortages of cash in the bolivar currency, three people familiar with the talks told Reuters. Maduro has targeted the public transit system – where roughly three-quarters of all circulating cash is spent – as the first stage of a plan he calls “the digital bolivar.” In January, he asked banks to deliver point-of-sale terminals to the Caracas subway sy...