America: The Future Third World Country – The evidence is all around us: Our political system is broken, Our industrial base is vanishing, Our education system is in shambles

Thursday, May 31, 2018
By Paul Martin

BY: TED
SurvivalOnline101.com
MAY 30, 2018

The evidence is all around us: Our industrial base is vanishing, taking with it the kind of jobs that have formed the backbone of our economy for more than a century; our education system is in shambles, making it harder for tomorrow’s workforce to acquire the information and training it needs to land good twenty-first-century jobs; our infrastructure—our roads, our bridges, our sewage and water, our transportation and electrical systems—is crumbling; our political system is broken, in thrall to a small financial elite using the power to take control of the Nation’s

And America’s middle class, the driver of so much of our economic success and political stability, is rapidly disappearing, forcing us to confront the fear that we are slipping as a nation—that our children and grandchildren will enjoy fewer opportunities and face a lower standard of living than we did. It’s the dark flipside of the American Dream—an American Nightmare of our own making.

The purchasing power of Americans has been unequalled for the past several decades. This has been made possible by the high paying jobs created by our manufacturing sector. These jobs insured a wealthy middle class that could buy anything they wanted.

These high paying jobs meant that some of the wealth created by making things went to the workers. Before long, corporations began working on ways to keep more of that wealth. Enter the free trade agreement. By drafting and passing a number of free trade agreements, the corporations created a way to make their goods cheaper with overseas labor and keep more of the profit for themselves and their Wall Street owners. The deep pockets of the middle class began to dry up.

A thinking person might eventually come to the conclusion that destroying middle class jobs and the purchasing power of the middle class would be shooting themselves in the foot. With less income and purchasing power, the corporations would create a shrinking American market for themselves eventually. That is what we are seeing now.

So, what do you do when your cash cow begins to dry up? You turn it into hamburger. Just like all of the other third world countries that provided raw materials for these corporations to prosper, America will now become a supplier of raw materials for the next rising power to use. That rising power will likely be China with its large untapped populace. They have the gold and the manufacturing capability now. All they need is a good supply of raw materials and they can develop their own middle class and the corporations will be in the clover once again.

America is in debt up to its eyeballs but we still have large amounts of natural resources. Multinational corporations are chomping at the bit to get their hands on these resources so they can renew their ponzi economic model with another rising economy.

Between here and there they must break the American consumer and take everything they have and then get them out of the way so the strip mining can begin in earnest. When you look at the larger picture that is taking shape, that is where we are headed. Chinese corporations are gobbling up everything they can get their hands on right now all over the world including in America.

The Rest…HERE

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