Richard Duncan and Macro Economics
Money Tree Investing
00:00
Is China a Threat to the United States?
We've outsourced our inflation to china, primarily over the last few decades. We there are ten or if not 20, times that many people whould work for 15 dollars a day. So there's plenty of low cost labor in the world for us to continue to rely on. Meanwhile, if we invest and create new technological revolution, investment revolution, creating products that will benefit everyone in the world,. i bet it will pass the house as well. I have been criticised for saying tis as if i'm cold hearted. It's not my fault. These are simply the facts of life.
Transcript
Play full episode
