Monday, January 8, 2018

NAFTA Withdrawal Likely to Boost Stock Market


Withdrawal from the North American Free Trade Agreement (NAFTA) is likely to boost stock prices, employment and economic growth. Republican Senators told the White House earlier this week that NAFTA withdrawal will harm the stock market. But that claim is based on outdated, incorrect views on trade and investment. America’s economy and wages grew faster before the modern trade agreement era. But our manufacturing members saw substantial growth last year in part because of trade agreement uncertainty and a new focus from business on finding sources of supply within the U.S. The new approach is raising production and employment at U.S. manufacturers. Their biggest problem now has become finding skilled workers to meet new demand. [more...]

Monday, January 1, 2018

Expert Predictions for 2018 - Pt. II


I predict, in the January 2018 issue of Real Money Perspectives, many factors may devastate the American economy in the New Year. Most of Europe’s nations are being dissolved into the new empire of the European Union, in which national borders no longer control immigration or trade. As I explained in Money, Morality & The Machine, this “Superstate,” as founder Jean Monnet envisioned it, was to be created piecemeal, by deception, with Europeans denied a democratic vote on whether to undo their national identity. The EU would be - and now is - run by an elite of unelected progressive Eurocrats. [more...]  [Read Part I here...]