Inkwell Institute
International Desk
We have heard all the political rhetoric about the decline of American trade and how we are losing the race to the Chinese and the Indians….the Dems blame the lack of education and innovation…the Repubs blame it on the debt…they blame everything on the debt…..but are they just bumping their gums or is there truly a decline?
According to the prestigious firm of PricewaterhouseCoopers:
According to the report by PwC, the coming years will see global trade undergo “fundamental change” as emerging economies such as China and India begin to “dominate the top sea and air freight routes”.PwC’s findings are in line with the World Bank’s prediction that China’s economy will eclipse the US by 2030, if it can sustain its growth.
Its chief economist Justin Lin said on Wednesday that, if China continued to grow at an annual rate of 8%, it would be twice the size of the US economy in 20 years.
It is official……if we continue to do NOTHING we will become a second class trader in the world economy…..but what can we do is build a fire under the lame ass pigs in Washington that have created this situation…them and their special interest handlers…….thanx to such dynamite things as free trade agreements and banks that do nothing more than move money around and paper work…..they, banks, no longer invest in America and that is where we have gone terribly wrong, by allowing these people to do this and get away with killing an industry…….
What we need are politicians with courage and that is a dying breed……we need people that care about their country and NOT the next campaign…and as long as we allow this situation to continue the quicker we can kiss a prosperous country good-bye!