China is rapidly approaching ZERO growth. This is not less growth, but
ZERO growth as in full-scale economic collapse from the days of 12% GDP growth
Chinese growth numbers are manufactured by the Chinese government and have no basis in truth. Over 99% of “analysts” are missing this, but it is a fact.
If that happens, could it mean a resurgence of manufacturing in the USA as Chinese enterprises collapse or quality of manufactured goods plummet due to system collapse?
MADE IN AMERICA could help bring back the national pride we lost when we sent all our jobs overseas. The environment in the US is ripe for resurgence of American manufacturing. Globally, the US is competitive again. Our falling dollar makes our goods and services cheap to international customers.
Wages are low. Energy costs are low. The cost of money is low. In business school they teach that you only need two out of three of those factors for financial viability. Right now America has all three working for it. It’s time to bring manufacturing home.