The Market Ticker - No, It Can't Be Fixed. Let It Burn.
Forget it folks.
Game’s up.
America is done.
Literally done.
This week I heard the CNBS folks lauding Vietnam. They let slip that the people there in those much-vaunted factories are making a whole…… $50 a week, which, they noted, was “well above” minimum wage.
Why is the labor there? Because the value of labor is $50/week, that’s why.
Can you compete with that in the US? Of course not. You can’t even get to work and back home on $50/week, say much less pay for housing, food and everything else.
Think…….
(Click link to read more)
Source: https://www.market-ticker.org/akcs-www?post=236186
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