Blue Collar Dollar Institute

07/06/2023

Since January 2021, the U.S. Government has added $4.8 trillion in debt while the economy has added only $3.7 trillion in output. Where is this debt going if not to growing our economy?

07/06/2023

💪 American manufacturing is the backbone of our nation's economic independence. As China defaults on its sovereign debt held by American bondholders, it's time for the U.S. to prioritize our national security and stand up for our principles. Let's enforce international rules and build a stronger, self-reliant America. 🛠️🏭

The People’s Republic of China is currently in default on its sovereign debt held by American bondholders worth close to a trillion dollars, while the U.S. continues to pay interest on approximately $850 billion in debt held by China, The Hill reports in an opinion piece. Despite this, successive ...

07/05/2023

📈 Monthly currency update:
💵 Dollar overvaluation ⬆️ 14.8% against global currency basket
💴 Japanese yen undervaluation ⬇️ expands to 45.7% against U.S. dollar
💰 Chinese yuan undervaluation ⬆️ rises to 25.0% against the dollar

https://ow.ly/aXge50P4eNH

07/05/2023

📈 Monthly currency update:
💵 Dollar overvaluation ⬆️ 14.8% against global currency basket (up from 14.3%)
💴 Japanese yen undervaluation ⬇️ expands to 45.7% against the U.S. dollar
💰 Chinese yuan undervaluation ⬆️ rises to 25.0% against the dollar

Global currency misalignment increased last month as financial markets reacted to the uncertain state of the global economy by bidding the dollar higher. The dollar’s overvaluation has edged up to 14.

07/05/2023

China's services PMI report holds the key today as U.S.-Sino tensions rise. The economy faces challenges, but service sector activity has remained resilient. Investors keenly await the numbers for insights into China's economic health.

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

07/05/2023

🔎 America must close the de minimis "loophole" that floods the market with cheap Chinese products, avoiding taxes and scrutiny. It's time to prioritize domestic manufacturing, protect our values, and ensure fair competition. Let's strengthen our economy and secure our future.

Companies like Shein and Temu, said Oregon Democrat Earl Blumenauer, are unfairly benefiting from the 'ludicrous' de minimis provision.

06/30/2023

Manufacturing: It's not just about products, but people too. Offering the highest hourly benefits, the US should back manufacturing jobs that significantly contribute to employee well-being.

06/29/2023

It's time to protect America's economy! Raising tariffs on Chinese imports will safeguard our industries, boost domestic manufacturing, and strengthen national security. Let's reduce dependence on China and prioritize our prosperity.

The China tariffs, enacted by Lighthizer under Trump, are under review later this year. Will they stay or will they go? Lighthizer thinks they should stay...with more tariffs added.

06/20/2023

It's absurd to believe that decoupling from China is impossible for defense safety. Relying on a country with growing tensions and human rights concerns risks our security. We must prioritize domestic production and diversify supply chains to ensure resilience.

Head of aerospace and defence group says western manufacturers will find it impossible to completely cut ties

06/16/2023

Unlock High-Paying Industries: Transport Manufacturers ($88K), Primary Metal Manufacturing ($83K), and Chemical Manufacturing ($82K) lead in average annual compensations, including fringe benefits. Explore the full breakdown of top-paying sectors.

06/16/2023

Persistent trade deficits loom as the cumulative goods trade balance widens. From a modest surplus in 1960 to a staggering deficit of -$24.65 trillion in January 2023, the need for strategic trade policies becomes ever more crucial.

06/15/2023

China's central bank takes action as growth concerns mount. With weak retail sales, sluggish industrial production, and soaring youth unemployment, targeted interventions are needed to revive the economy. Challenges persist on the path to recovery.

Central bank cuts main policy rate as retail sales and industrial production show post-Covid rebound is fading