End Times Signs
by Eric Peters
Here is a startling tidbit; an urgent wake-up call, really:
Business Week has just reported that GM sold more than 2 million cars in China for the second straight year in a row – 2.35 million this year – and now sells more cars in China than it does in the United States.
Sales of Cadillacs in China are up a staggering 73 percent; sales of Buicks are up 24 percent and sales of Chevrolets are up 18 percent.
GM is also reportedly getting ready to launch a $4,000 price-buster (in China) and company spokesmen say that GM’s near-term goal is to “have 75 percent of its sales” outside the United States.
Your tax dollars at work.
And, a canary in the coal mine.
America is dying.
China and India are the future; we are the past. GM is moving to where the money is, and that ain’t here.
The United States has arrived at the same point that now not-so-great Great Britain found itself occupying after the end of WWII: A bankrupted and exhausted imperially overstretched power that no longer had the will or even the capacity to keep up with the emerging colossus across the Atlantic, which was devoted to commerce primarily – not wars (and empire) the world over.
Today, the colossus is across the Pacific, but the essentials are the same.