Recevez notre Marketbriefing
In the same category
Mark H
Member since May 2012
53 commentaries -
0 followers
has posted a comment on the article :
>Elegy  - James Howard Kunstler - 
I'm not nearly so gloomy as Mr. Kunstler or Jim C. But the disappearance of 'industry' is what happens when you have operations like Bain Capital which strip off the assets, terminate the workers and pocket the millions. While those jobs and factories may have been shipped over to China in a race to the bottom, that does not mean those jobs and factories have to stay there. Perhaps instead of wasting trillions on the banks in the vain hope they'll invest it here, the Bernank could get it to people who might actually build something. Chicago and industrial Indiana grew for a reason. It is a transportation hub. It may not be pretty, but I'll take the grime if jobs come with it.

Commented
4513 days ago
-
Send
Beginning of the headline :A fewweeksago Iflew to Chicago,hoppedinto arent-a-car, andnavigatedmyway on thetangle ofinterstatehighways to thenowmostly formerindustrialregion in thenorthwest corner of Indianajust offlowest Lake Michiganbetween thetowns ofWhiting and Gary. Thedesolation ofhumanendeavorlayacross the landlikenausea made visible, but more impressivewas howrapid therise andfall ofit allhad been... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.