US Economic Competitiveness in Decline? – Fox Business 02-07-13

Salient to Investors:

Jim Rogers Says:

The Age of Wall Street – which drove 25% of the US economy – is over. Tomorrow’s economy will be driven by food, energy, real goods, people who make real things.

In 1958 we produced 500 MBAs, we now produce 200,000 every year. More people study public relations than study agriculture.

The largest debtor nation in the history of the world is the US. Debt has gone up more in the last 5 years than in the history of the republic and go higher and end in disaster. Washington has been talking about solving the debt problem for 30 years.

Why should businesses bring their money back to the US where they pay high taxes and witness washington clowns?

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