Financial Cold War To Get Colder - America Losing To China

Trends & Forecasts

America is losing 23 manufacturing factories every single day mostly to China , Some are closing because they can’t compete with foreign manufacturers and some are simple moving their manufacturing facilities overseas because it is a lot cheaper to run a business with labor from India or China than it is to run it from the United States.. Another indication that the United States is facing economic collapse in 2012 and beyond ,the system is broken beyond repair. It can not be fixed. all you can do is remove yourself from it. The Banks,Savings and Loans, Hedge Funds, Insurance companies, and Mortgage companies have been running amuck for decades.Just look at all the fraud and abuse that has been going on. Did they learn anything from the S&L Scandal from the 80′s? Nothing really ever changes, except for the worst. Just look at JP Morgan and their recent so called 2. billion dollar loss that really is alot more!