Yesterday I wanted to post the following, but the site, Yilubbs.com, would not allow me. Asking Bridged for help in vain, I post it again today, and hope it will get through.
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(1) Shannon Pettypiece, This Owl Won't Save America's Jobs.
www.bloomberg.com/news/articles/ ... ut-the-jobs-haven-t
("Wal-Mart announced in 2013 it would spend an extra $250 billion over 10 years on domestically produced goods, it also estimated that the shift would create 250,000 manufacturing jobs. * * * In Wal-Mart’s case, it adds up to about 7,000. That’s how many factory jobs its made-in-America program has directly created so far, according to an estimate by the Reshoring Initiative, an industry group that supports the return of manufacturing")
Note: summary underneath the title in print: China still offers advantages, and automation hurts, too
(2) Enda Curran, China Adds More to a Big Debt Pile.
www.bloomberg.com/news/articles/ ... on-credit-honey-pot
Note:
(a) summary underneath the title in print: In June $244 billion in lending boosted state-owned enterprises.
(b) There is no need to read the text. That is all you need to learn.
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