Originally published on Oct 10, 2012
This one picture trumps a lot of analysis. It showcases the actual reason why US got into the current economic mess. But it also highlights the tremendous potential when the manufacturing sector makes a comeback. Washington needs to focus on the manufacturing redux, they can’t fumble this.
My source: Economonitor [A Nouriel Roubini - Global Economics Project]
Economonitor’s source: Link