For roughly six months; numbers from the U.S.’s (dubious) “manufacturing indices” have shown the U.S. economy sinking further into its Greater Depression — which dates back to at least 2007. Now, suddenly, these indices have “catapulted” higher (lol), supposedly indicating a manufacturing rebound into the U.S.
How? We’re told by all the charlatan economists and government mouthpieces that “exchange rates” are all-important in terms of exports, and thus manufacturing activity. But the exchange rate of the USD is currently sky-high. Of course, strong domestic activity can also stimulate manufacturing. But with 45 million people on FOOD STAMPS, and more than 50 MILLION who are permanently unemployed, where is the buying-power to boost manufacturing?
