Wednesday, June 22, 2016

*Free* Trade. *Free* Money. And Santa Claus.

Those who still believe in *Free* Trade and *Free* money, are the last to figure out, that it will only cost them $Everything. Which is somewhat the opposite of *Free*. They are history's biggest self-absorbed dullards, and the last to know...

Manufacturing jobs (blue) with Labor Participation rate (red):

Wages as % of GDP (red) with Manufacturing jobs (blue)

China's FX Reserves
China and the other Asian mercantilists only sell to idiots, they don't actually buy anything from them...