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alstry (35.76)

You were soldout and outsourced Fools

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July 14, 2010 – Comments (2)

Investors see VC shrinking in U.S., growing abroad

Pretty soon few will want to invest in America as more and more production shuts down and we move towards the Detroitization of America.....

It is simply what happens when you cut off credit to a overlevered consumption economy.......

Pretty sneaky if you think about it.....outsource production to much cheaper labor markets......replace production with credit to finance the outsourcing.......and then cut off credit in the bloated outsourced economy......and soon most everything will shut down and whatever remains you own.....

Kiss the America as you know it......GOODBYE......as nobody cared when we bailed out Wall Street but did little debt restructuring and cut off credit to consumers and small business......

What you sheep failed to realize is America is not much more than consumers and small business.

Sorry....someone has to tell the truth as pancake eaters keep watching tv....

2 Comments – Post Your Own

#1) On July 14, 2010 at 12:47 AM, alstry (35.76) wrote:

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#2) On July 14, 2010 at 2:14 AM, 1315623493 wrote:

outsource production to much cheaper labor markets

That's capitalism isn't it? 

replace production with credit to finance the outsourcing 

Credit is what built this country.

and then cut off credit in the bloated outsourced economy

As should happen when the economy goes through a period of unsustainable over-leveraging of its assets.  

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