'Black Swan' June 9th prediction about petrodollar agreement ending is almost certainly fake - more in comments
(www.1arabia.com)
ECON & BANK COLLAPSE 💸
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Even more of a good argument to bring all manufacturing back to the Continental USA. Start production of durable goods. My Mother has a Stove from the 70's that still works fine. Meanwhile another family member has dropped over $2k in stoves over the last 8 years and they still keep breaking. Make a durable simple car, with simple mechanics that uses the same parts in the same cars for Decades. Each State can handle key parts and pieces and then guarantee employment and industry to these parts of the Country. Id freeze all evil capital and offer it amnesty if it invests hugely on infrastructure where it holds a minority position and needs to work in tandem with labour and National needs.
The refrigerator I keep out in my workshop office was in my parents basement when I was just a lad in the late 60s/early 70s. It was already 15 or more years old then. I have never had any work done on it. It is a Frigidaire.
Now everything is engineered with planned obsolescence in mind and that time is about 2 years after sale. I had a burner go out in my wifes 2 year old oven. It was only 200 dollars more to replace the entire oven. So thats what we did.
Fertilizer and pharmaceutical manufacturing too, we're screwed if Russia and China cut us off.