Want to create an interactive transcript for this episode?
Podcast: The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism
Episode: If America's Consumer Economy fails the world economy will fail. The trade imbalance needs to be balanced.
Description: Current 2021 politics and society’s woke environment is the perfect storm to take down democracy. Imbalance of trade is one of the early signs of the number one economy in the world that becomes bankrupt leading to the entry of a third party to protect America’s sovereignty.
The underlying negative impact of the 2021 imbalance of trade, is world imports to America of -$2.1 trillion and American exports $1.3 trillion for an imbalance of trade totally -$800 billion for fiscal 2021. The transference of wealth to competing economies is net of tarifs of $80 billion per year.
As in 2...