Tuesday, January 24, 2017

US trade deficit with China is intolerable!

US trade deficit with China is intolerable! This deficit is an expression of the failure of bipartisanship and financial capitalism in United States. It is time for the re-industrialization of America and the manufacturing of "made in America" as the best global product. The United States became the world number one super power by creating "made in America" with strong industrial fabric and middle class. This model of economic growth by industrial-capitalism is the best model created in modern human history and financial capitalism can not reach this level of performance. The US financial capitalism is a limitation to value creation in the American society, this is why our trade deficit with China represent more than $ 350 billion in 2015. This dynamic of limitation of value creation in United Stated has created a transfer of economic growth from our country to China. The destruction of our industrial fabric has created the industrial fabric of China.