James R. Gorrie, Managing Editor at Absolute Wealth, has published his latest Editorial Column on some positives mixed in with the many negatives.
Austin, TX (PRWEB) July 27, 2012
Absolute Wealth’s Editorial Column The Gorrie Details was just released on AbsoluteWealth.com and highlighted a break in the bad news plaguing the American economic scenario.
US economic recovery is still not a reality, and Gorrie makes that clear in his article. In it he asks the basic questions that are beginning to have more complex answers than the average American would think.
“Seems that along the road to global domination, China’s labor costs have begun to rise. Seems that some of its workers want a raise here and there. What a shame. Not only that, but China’s modus operandi of theft of technology, factories, and subsequent cutting out of US firms once they relocate there seems to be wearing just a little thin with some,” Gorrie said in the article.
Despite the powerful moves China has been making, discussed thoroughly in Gorrie’s previous columns, the Editor said the situation isn’t exactly turning out perfectly.
“Then, of course,” continues Gorrie in the most recent article, “there is the rising level of lousy quality in a variety of products that are unsellable here in the US. Add to that the growing shipping costs, the rising value of the yuan, and the foot-dragging of Chinese manufacturers to correct their mistakes, and guess what? American firms are rediscovering the wisdom and benefits of making stuff right here.”
Gorrie’s articles on economic issues help to inform people of their financial options, or lack thereof, as a result of the big, newsworthy happenings in the private and public sectors.
James R. Gorrie has more than eighteen years of financial advisory experience. He holds a BA in economics, and attained doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy. Gorrie writes daily articles on current macroeconomic and investment topics, Special Reports, and analyses on geopolitical events around the world that affect the market.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebAbsolute_Wealth/thegorriedetails/prweb9740158.htm
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