Up until the 1990s, the United States was the economic king of the world.
Americans had the highest standard of living in history…
And our production was dominating the earth:
Our factories turned the tide in World War II…
We helped rebuild Europe…
And thanks to American technology and manufacturing, we outlived the Soviet Union in the Cold War.
Then, two things happened:
First, in 2001, China entered into the World Trade Organization.
With its unlimited supply of cheap labor...
It lured every American corporation to move their production overseas.
Think about it: In 1965, manufacturing made up 53% of the US economy. By 2004, it plummeted to just 9%.
Market Data 
Markets 
AI
