In the 1970's, the cold war was raging. The Communist Party of China needed a solid plan to defeat the U.S.A. - their archenemy. Atomic weapons wouldn't work because America's nu-clear submarines would retaliate. So, how to win? The answer was beyond brilliant. It would take several decades but the Chinese are patient beyond belief. They would destroy our nation's economy by dismantling America's industrial base piece by piece.
Using covertly manipulated exchange rates, China offered corporations "Made in China" products - from auto parts to pharmaceuticals - at costs up to 90% less than they were spending. By 2014, "Made in America" and "Made in Canada" are becoming extinct; America's industrial base is vaporizing; millions of workers from teenagers to 60-somethings can't find work; the rich get richer while the middle class shrinks; saving enough money to retire seems impossible; trade deficits soar; our national debt explodes. Instead of domestic workers, companies now pay workers in China, India and elsewhere to supply office, legal and other professional services, create software and more. And how do our political leaders respond - they deny that any such problems exist and turn America into a nation in denial. So, how do we stop getting sucked further into the Chinese Vortex?
In the 1970's, the cold war was raging. The Communist Party of China needed a solid plan to defeat the U.S.A. - their archenemy. Atomic weapons wouldn't work because America's nu-clear submarines would retaliate. So, how to win? The answer was beyond brilliant. It would take several decades but the Chinese are patient beyond belief. They would destroy our nation's economy by dismantling America's industrial base piece by piece.
Using covertly manipulated exchange rates, China offered corporations "Made in China" products - from auto parts to pharmaceuticals - at costs up to 90% less than they were spending. By 2014, "Made in America" and "Made in Canada" are becoming extinct; America's industrial base is vaporizing; millions of workers from teenagers to 60-somethings can't find work; the rich get richer while the middle class shrinks; saving enough money to retire seems impossible; trade deficits soar; our national debt explodes. Instead of domestic workers, companies now pay workers in China, India and elsewhere to supply office, legal and other professional services, create software and more. And how do our political leaders respond - they deny that any such problems exist and turn America into a nation in denial. So, how do we stop getting sucked further into the Chinese Vortex?
¿¿¿
¿¿¿
Related collections and offers
FREE
with a B&N Audiobooks Subscription
Product Details
| BN ID: | 2940172677687 |
|---|---|
| Publisher: | CNPIEC |
| Publication date: | 11/15/2019 |
| Edition description: | Unabridged |
| Language: | Chinese |
Videos
