Question: How to save the American Factory? Answer: Allow the continued devaluation of the dollar.

Well I have officially seen everything. A couple of weeks back I was reading in the local newspaper and found that the Canadian company Bombardier Aerospace was looking to build a new US assembly plant. The reasoning, the weakened dollar and skilled labor in US will allow for competitive building and selling of its newly updated C series plane to the rest of the world. While I do welcome any new factories in the US and in Kansas City, I think it is interesting how the fate of America as a power has turned. Obviously that isn't to say that we are in dire straits here in the US, but that our role in this world is shifting.

More on it here:

My prediction: Headlines in newspapers (or online) in 2012 across Europe, Brazil, Japan, and/or China reading, “Business Outcry for Government Sanctions Against Cheap US Products.”

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