One thing is absolutely certain, “Made in America” is making a comeback.
“Made In America” Making A Comeback
March 15 (King World News) – Gerald Celente: The Biden administration has finalized rules that will require products purchased by the federal government to have 60 percent of their value in components manufactured in the U.S., 65 percent in 2024, and 75 percent in 2029.
At a 4 March White House event outlining the rules, Siemens USA CEO Barbara Humpton announced a $54-million investment to manufacture components for data centers and electric vehicle charging stations, a project that will add 300 jobs in California and Texas.
Earlier this year, Intel announced a $20-billion plan to build two chip-making facilities near Columbus, Ohio…
Billionaire Eric Sprott is a big investor in this remarkable silver company click here or on the image below
Biden has focused on strengthening the U.S. industrial base and the economy has added 400,000 manufacturing jobs since January 2021, the White House claimed.
A major factor in populist movements that we forecast will accelerate will be for nations to become “Self-Sufficient.” A key element of anti-globalization/anti-establishment platforms will be a call to restore the individual and unique arts, crafts and trade talents that once identified countries… but has all but vanished with globalization.
With its eye on the future, China’s “dual circulation” economic policy is leading the “Self-Sufficient” trend.
Since the 1980s, China has grown its economy by emphasizing manufacturing and exports, a policy dubbed “external circulation.”
Now China has cultivated an expanding middle class and moving up the ladder lower class that is capable of supporting its own consumer economy—an “internal circulation” of goods and services—where its population of 1.4 billion people buy products, create fashion, sounds and styles that are “Made-in-China.”
The dual circulation policy still emphasizes making goods for export and generating income from foreign sales, but places equal weight on consumer spending that will leave China’s economy less dependent on the ups and downs and geopolitical clashes of world markets.
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To listen to Egon von Greyerz discuss what investors should expect in a world gone mad CLICK HERE OR ON THE IMAGE BELOW.
To listen to Alasdair Macleod discuss what investors should expect in a world gone mad CLICK HERE OR ON THE IMAGE BELOW.
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