A Chinese factory worker spends his days assembling dishwashers for export to the U.S.–but he doesn’t own one himself. This is the dark irony of global trade. As America consumes with strong dollars, China produces with low wages and propped-up currencies. What happens when that equation flips?
#GlobalEconomy #TradeDeficit #CurrencyWars #PeterSchiff #ChinaUS #ManufacturingCrisis #short
