Quote:
Originally Posted by Two Bills
I have no stocks whatsoever, all assets are in cash, so that doesn't fly.
As for your efforts to buy American only, I salute you.
However the majority of USA will continue to buy from abroad unless corporate America, Wall Street, and the stockholders agree to take a heavy kick in their wallets, to bring manufacturing back to USA.
You do not need to be a genius to work out that the average consumer will continue to buy cheaper products from abroad, wherever they are manufactured
Many do not have the income to be as noble as yourself.
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I think you make a good point. Corporate America and especilaly Wall St has to get off their China addiction. We need to suck it up and figure out a way to do this fairly such that the middle class benefits but ... and this is easier said than done ... we need to start moving our most important supply chains out of China.
The longer we wait, the harder it gets and it's already exceedingly difficult to do.
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