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A great resource for what is going on in firearms is Tom Gresham’s Gun Talk radio show which is broadcasted on Sundays or by podcast.
It is plumb scarry how many people depend on government for money.
When you factor in government contracts just about everyone is dependent on the government for some of their money. While Amazon certainly sells a lot commercially they also have big government contracts that according to some articles I have read, keep them in the black. Boeing same. Name most any big company, same. When I was an iron worker, the big jobs at the Air Force bases were the big paydays in the region I lived in. And that was small business.
When you factor in the ripple effect, it is quite scary. That framer building residential houses, may be framing up a government worker’s or government contractor’s house. That same framer then goes for beer with some of that money and gives it to the bar owner and server who at first glance have no connection to the government. And it goes on and on.
IMO the whole economy is addicted to government spending and debt. Even those people who think they are not. By and large this is no fault of there own. It just is.
Even in the Redoubt region, take away the BLM, Forestry Service, Army Corps of Engineers, Air Force and even Navy personnel (big contingent at Lake Pend Oreille) and see what happens to the region. Especially since the logging and mining industries are no longer what they were years ago. Will that dairy farm on the edge of town survive? Will the creamery in town that all the dairy farms support even survive. Will the town survive?
Why this scares me is that the trajectory of government debt means that eventually the reset button will be pushed on it. Few politicians are acknowledging it. Rand Paul is the only one I can think of off the top of my head but I am sure there are a few more. And I have not seen one plan that would solve the disaster without just ripping out a big chunk of the economy without giving it time to adapt and replace the government money with private. Bowles Simpson was close but it was dead on arrival. The sequester was helping but it is gone.
It is like a cancer with tentacles reaching out entangling healthy organs. It has to go but ripping it out fast will destroy the health organs and kill the patient. The cancer has to shrink before it can be removed safely. And currently no one is trying to kill it at all.
Re: US manufacturing. Gerald Celente is pretty savvy predicting trends in global financial markets. As Celente stated, ‘The business of China is business. The business of America is war’.
Search for images of the Shanghai shipping port and you will see thousands of CONEX shipping containers full of exports. Even the containers themselves are exports know as ‘1-trippers’. Trust me, Montana is full of them. Search American ports and you’ll see tanks and Humvees.
Australia hasn’t had a recession in 25 years. Seems all those natural resources sold to China have been paying off. China is now slowing. Australia may be more tied to China than English speaking economies.
How far do we go until we see some kind of fracturing in china? Seems like when you control every aspect of an economy you can tell everyone its noon but when you look out your window its pitch black. How long can that last?