The Globalization Trap Part I: Four Points of Evidence
With Special Guest: Michael Snyder
24 Minutes, 29 Slides
We are marching steadily towards the first ever Global Liqudity Trap. The evidence is clear when the facts are thoughtfully analysed.
With the clear thinking of a trained lawyer, Michael Snyder in four articles points out the startling realities of what is shaping our world.
- A Fundamental Economic Transformation,
- Job Losses the New Norm,
- 56,000 Manufacturing Facilities Have Left America,
- Global Labor Arbitrage,
- Technology Now Directly Replacing Labor,
- Shrinking Cost of Technology Reducing Breakeven.
"47% Of ALL US Jobs Could Be Automated Within The Next 20 Years!"
A Gutted Middle Class
- Economic Dispair
- Two Americas:
- Wall Street, Washington DC, Silicon Valley .... HAVES
- Small Towns, Rust Belt, Detroit .... HAVE NOTS
- Jobs Are Part Time with no Benefits,
- Insufficient Disposable Income to Live a Middle Class Life
New Models & Templates To Confiscate Wealth
- Cyprus is a Precedent - "Trial Balloon"
- Got Away With It
- New Model In Different Forms
- Poland's Pension Confiscation
- EU Finance Ministers
- Regime of Bank "Bail-Ins"
The Telltales Of Another "Weimar" Global Currency Event
The facts are clear.
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