Loading ...Thats true, I was employed in manufacturing since 1962, and by 1970 I knew it was over. I think I mentioned it hear long ago, that foreign countries in Europe, France I thing was the worse, were redeeming exported US Dollars for our Gold at $35/oz official price, but it was trading for $140 per oz unofficially.
So the US had to stop our artificially cheap gold outflow. So after we cut them off at the knees, they proceeded to take away our manufacturing jobs instead. Like Trump said, Europe was always taking advantage of the USA. When I was a kid I was calling us the United States of Europe. Now I’m thinking we are the United States of Israel. 🙂