Is anyone in this country under the mistaken illusion that America is number one in anything?
For some startling facts designed to wake us all up to the fact that we are becoming financial slaves to China, here is a partial list copied from Permaculture & Regenerative Design News.
The United States has lost approximately 42,400 factories since 2001.
In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero.
As of the end of July, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.
In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.
In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.
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