Understand this. The current structure of free trade only benefits U.S. corporations, their wealthy elite shareholders and the most impoverished segment of developing nations. Anyone who tells you free trade in its current form is a good deal is either from corporate America, Washington or from developing nations.
Free trade will only work for everyone if the playing field is level. But that is not the case. How can you have fair trade when America’s trading partners have universal healthcare, government pensions, no OHSA or EPA requirements, and subsidized wages? Of course labor will be cheaper in Asia and Latin America because the government pays for expenses companies in America are stuck with.
One might imagine that a weak dollar would actually drive domestic job growth or at the very least reverse the outsourcing trend. As we know, the opposite has happened because a large portion of total labor costs in other nations are absorbed by foreign governments.
It’s simply much cheaper even with the weak dollar to outsource because U.S. companies can ship jobs overseas where they aren’t on the hook for healthcare, pension, EPA and OSHA costs, as well as Social Security taxes and other expenses. This is why the outsourcing trend we see today will last as long as Washington continues to allow free trade to operate on an unfair playing field.
NOTE: Mike Stathis predicted the precise details of the financial crisis in his 2006 book, America's Financial Apocalypse.
The Jewish Mafia REFUSED to publish this landmark book because it exposed the widespread fraud committed by the Jewish Mafia.
Instead, the Jewish Mafia published useless marketing books written by their broken clock tribemens (like Peter Schiff's useless book which was wrong about most things and was written a year AFTER Stathis' book).
Stathis also released a book focusing on strategies to profit from the real estate collapse in early 2007.
The Jewish media crime bosses prefer to simply ignore those who speak the truth and threaten to expose them as the best way to hide the scams from the public.
In contrast, the Jewish media crime bosses continuously promote Jewish con men and clowns who have terrible track records as a way to enrich them all while steering the audience to their sponsors, most of which are Jewish Wall Street and related firms. Figure it out folks. It's not rocket science.
__________________________________________________________________________________________________________________
Mike Stathis holds the best investment forecasting track record in the world since 2006.
Check here to download Chapter 12 of Cashing in on the Real Estate Bubble.
So why does the media continue to BAN Stathis?
Why does the media constantly air con men who have lousy track records?
These are critical questions to be answered.
You need to confront the media with these questions.
Watch the following videos and you will learn the answer to these questions:
You Will Lose Your Ass If You Listen To The Media
__________________________________________________________________________________________________________________
Restrictions Against Reproduction: No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the copyright owner and the Publisher.
These articles and commentaries cannot be reposted or used in any publications for which there is any revenue generated directly or indirectly. These articles cannot be used to enhance the viewer appeal of any website, including any ad revenue on the website, other than those sites for which specific written permission has been granted. Any such violations are unlawful and violators will be prosecuted in accordance with these laws.
Article 19 of the United Nations' Universal Declaration of Human Rights: Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers.
This publication (written, audio and video) represents the commentary and/or criticisms from Mike Stathis or other individuals affiliated with Mike Stathis or AVA Investment Analytics (referred to hereafter as the “author”). Therefore, the commentary and/or criticisms only serve as an opinion and therefore should not be taken to be factual representations, regardless of what might be stated in these commentaries/criticisms. There is always a possibility that the author has made one or more unintentional errors, misspoke, misinterpreted information, and/or excluded information which might have altered the commentary and/or criticisms. Hence, you are advised to conduct your own independent investigations so that you can form your own conclusions. We encourage the public to contact us if we have made any errors in statements or assumptions. We also encourage the public to contact us if we have left out relevant information which might alter our conclusions. We cannot promise a response, but we will consider all valid information.
Taken from March 2013 Vol 46, Intelligent Investor (Part 4) According to data collected from the Current Population Survey, and reported by the Bureau of Labor and Statistics, in 2012 the union m...
Taken from September 2012 Vol 40, Intelligent Investor The U.S workforce is significantly older and better educated than in it was during the 1970s. Because older, more-educated workers tend to ear...
Realistically speaking, the jobs data has not been particularly encouraging. One of the least discussed statistics in the labor market has been that approximately 79% of all jobs created in the US for...
Economists and other hacks continue to point the blame on the lingering high unemployment rate on things outside of Washington's control. Some blame it on the economic cycle. These hacks insist the...
After having proclaimed the end of “Great Recession” in June 2009, Washington, establishment economists and Wall Street shills continue to insist that the U.S. economy is on the road to re...
Jobs Data As in previous months, the private sector accounted for all the job gains in February, with an addition of 222,000 positions, up from a mere 68,000 job additions in January. This re...
Continuing where I left off from last time... Rather than huge manufacturing industries reminiscent of America’s “Old Economy,” the “New Economy” is characterized by hig...
For anyone who believes any positive earnings reports from the banks, you probably also believe there will be a real recovery in the economy. These “earnings” are even less credible than...
Understand this. The current structure of free trade only benefits U.S. corporations, their wealthy elite shareholders and the most impoverished segment of developing nations. Anyone who tells you fre...
As many of you may know, on March 27, 2008, Ford (F) completed negotiations to sell its Jaguar and Land Rover divisions to Tata Motors (TTM), a division of the Indian conglomerate Tata Group. The dea...