Babylon's Bankers

THE QUIET “RESHORING” OF JOBS

A regular reader here, Ms. M.W.,  shared this with me, and even though it comes from a source that, to American readers, is usually considered to be on the extreme right of the political spectrum due to its historical associations with the John Birch Society, it deserves some comment. I'm certainly not in synch with that wing of the American political spectrum, but the article itself simply must be shared due to its intrinsic relevance to some of the hypotheses and scenarios we've been speculating about here, in this case, the scenario of a "retrenchment" on the part of the Anglo-sphere oligarchs that I have been advancing, indeed, since George Ann Hughes of The Byte Show first asked me back in 2008 if I thought the elites were intentionally trying to collapse the country, I've been maintaining that they're not. There was, for those unfamiliar with the American "alternative media," quite a lot of talk at that time that this was, indeed, the objective and scenario, and it was an interpretation being advanced by some of the country's more well-known talk show hosts, both on the left and on the right.

I argued then that I just didn't see that being in the cards, since to do so at that critical juncture in time, would be to rip their own power base from beneath them. If anything, I argued, they would seek to shore up their power base, meaning North America. More recently, in conversations and interviews with former Assistant Secretary of Housing and Urban Development Catherine Austin Fitts, we have fleshed out this scenario a bit more, noticing the capital movements from the developing world back into North America, and the heavy promoting of the 3d printing meme.

Now, it seems, some on the political right are noticing the same trend:

America's Re-shoring of Jobs Is Accelerating

You'll notice that the article indicates a number of factors are leading to the growing attractiveness of the USA as a manufacturing center, and they are the two most obvious ones: (1) cost of labor, and (2) cost of energy. The article, however, makes all this seem like the inevitable result simply of "free markets in play," except we would do well to remember that - ideological economic doctrines notwithstanding - there is no "free market" in the proper sense. All markets are subject to the effects of regulatory policy to some degree, now greater, now lesser, and varying from location and country to location and country.

I suspect, therefore, that we are looking at the consequence both of market forces and to a certain extent, of deliberate policy, particularly that vis-a-vis energy costs and fracking. But there is also in play that factor which I blogged about in respect to Russia's recent diplomatic victories, and that is, the western power elite in general, and the American faction of it in particular, know that the country is badly over-extended both geopolitically, militarily, and economically. A broad and ambitious program of unipolarism at the top simply cannot be sustained on the basis of a narrow economic and manufacturing base at the bottom and a dwindling professional middle class.... such "inverted economic pyramids" are simply unbalanced, and all it takes is for a Putin to come along, and gently nudge that great weight on the top balanced on the point on the bottom, via a "debt card," to reinforce the point.

Realpolitik  and power politics is about reality, and the current reality is, that if the west's financial oligarchs wish to maintain their power, a thorough reconsideration of their policies of the past few decades is in order. If nothing else, market realities will force it.  This retrenchment doesn't necessarily mean that one should expect American foreign policy to turn from the course it's been on. Quite the converse; it will attempt to "hold on" to current positions while the retrenchment is underway, then reassert itself when the process is more or less complete. And that means, in the meantime, one can also expect vigorous pushback from the BRICSA nations. At the same time, expect them to buy as much influence within that retrenchment, including technology transfers via investment, as possible, as this article (also courtesy of Ms. M.W.) indicates:

Russia sinks $1.5 billion into U.S. tech firms

See you on the flip side.

9 thoughts on “THE QUIET “RESHORING” OF JOBS”

  1. reshoring of jobs….lol, ….looks like they actually need builders slaving away to keep the illusion going. Good luck with the severely decapitated gene pool getting any productivity…..looks like daddy took the T bird away.

    1. another commie outed and lo and behold its the labor leader of Britain …..Adolphe Melliband….changed to Ralph, or was that his german father…..apparently he wrote in his diary, while worshipping a idol at Marxs gravesit that he wished Britain would lose the war, during the war, which gave his family shelter during the holocaust.
      They enjoy a workers paradise, of course they don’t do any of the working, just enjoying the paradise side of the coin…..nut jobs.

      1. keeping the above information in your mind, think about those FEMA death camps in North America and try too figure out the 100s of millions of Christians killed, the 200,000 thousand priests, the churches burnt during the Iron Wall genocide aka bol shevik (cheka is yiddish for animal slaughter) devolution….

        wake up Enoch….wake up

  2. Don’t forget the elites think long term, so this turnabout may take a while yet. Saying that, the USA is in very troubled waters at the moment, you just can’t count the hiccups they are having.

    Brazil has taken a shot at the US over snooping on it’s country, and the list goes on and on.

    The USA is the laughing stock of the world at the moment, financially and politically they are shooting themselves in the foot, and it wouldn’t surprise me if someone in the government just threw their hands up and said enough is enough.

  3. Our slave lusting elites always chasing after the cheapest wage slaves they can buy. No thought beyond lining their pockets quick buck artist to the end.Our they’re the last capitalist that will sell the ropes they’ll hang them with.

  4. Looks simular to pre-WW1, where “the money changers” were financing all sides.
    The financial elites today, these “transnationals”, wherever they happen to reside at the time, are Flock-financing(in-sinc); working together towards their ancient societies goals,
    …long ago established.

  5. I imagine the Russians find investing in tech firms here safer than doing so anywhere in Cyprus. In any case, in the last few days, with the on-shoring of jobs comes extensive news of efforts to ramp up control, finish off the Labor Movement, and roll-back the hard-won social advances of the twentieth century entire. Constructive, grassroots localzed efforts are needed badly to rein in a police force now trained and cultured as a domestic military force for use against civilians! I don’t see happy days as here again, exactly.

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