What would you call it, when the bank offers a sweetheart deal to a manufacturing company to move their manufacturing to China, and knowing that, they still give a worker at said manufacturing plant a mortgage for a house he will not be able to afford, nor will he want to live there (no jobs), nor will he be able to sell it?
They call it just doing business.
We might call it fraud, or maybe pure evil.
We do need to come up with a name for this, because it did happen. And we will need to discuss this, and all the other evils banksters did.
We are not jobless and homeless because we made bad choices. The banksters cooked up this hell for us. And nothing is what it seems.
The Dollar is debt.
Your house is not your biggest asset, it is your biggest liability.
That is not your money in the bank.
The jobs did not go overseas because China was cheaper.
The Economy is fake
People talk about UBI, however, our economy is mostly UBI already.
When we look into corporate jobs, we find a LOT of inefficiencies. Many people doing make work.
When we hear about large layoffs, it isn't that they were cutting fat, or scaling down. It is that someone above all of this decided to cut jobs to make people feel more stressed about keeping their jobs. Like in the movie, The Fifth Element "I told you to fire a million employees…"
The percentage of people that grow our food is less than 3%.
Actual manufacturing appears to be less than 5%
And these numbers are hard to find, because they always include secretaries, accounting, HR, and people who fill out forms to send to the govern-cement along with the actual workers. Like, saying "95% of miners are men." When, all the miners are men, the other 5% is not down in the mines.
Really, so much of our 1st world workforce is people who fill out forms to send to govern-cement, and their counterparts in govern-cement receiving and filing them. Back in the 90s i could have replaced them all with a website. Today, they are being replaced by "AI". Something that was never really needed, can be replaced by AI… Things that make you go hmmmmm.
The bank pays you, you give the money back to the bank
Have you put it together, that you get a paycheck and then you give most of it to the bank? Mortgage. Car loan. Credit Cards. Even insurance.
Now think about that while realizing that most corporations run on money borrowed from the bank / printed by the bank. (yes, the way that corporations can be so inefficient is that they get money straight from the printing press)
So, the bank gives your boss "a loan", then your boss pays you, with direct deposit to your bank, and then direct payment for your home loan. Basically, the money may as well have not existed. And, for all practical purposes, it didn't. Just number in a computer.
This might be good, if anything real exchanged hands. But really, this was just to suck your life force into the banking system.
Do they really pay Chinese workers less?
The amount they pay you is directly proportional to the amount the average rent costs. Yes, it is a specific mathematical formula to keep people broke and chasing the dollar.
The same exact formula is used in China. China is cheaper only in comparison. America is more expensive only because of having more time for more inflation in the average home price.
Do you know all of those "cities" in China. Well, they were built because the Chinese believe that real estate is a good investment. So, they made lots of real estate to soak up all the extra money the Chinese workers were making after they switched from rural to urban work.
No one lives in those fancy towers because they are not fit for residency. Truly, they are falling apart as we speak. And so, here you see money from the banks, going back to the banks, for nothing real. An elaborate scheme to waste Chinese worker's time.
The reason China was set up as the new manufacturing base was because the elite move their capital east. The old capital was the City of London, the current Washington, District of Columbia, and the next was supposed to be Hong Kong, as part of China. But the elite tried to take over China, the CCP tried to backstab the elites. And now the deals are off.
You are seeing manufacturing being brought back to The US. But, this will be almost fully automated manufacturing plants. No workers needed. They are building Silicon Valley 2.0. Just where all those fires burned down all those houses.
And thus, the banksters are talking about open UBI instead of the obfuscated UBI we have now.
However, people are already leaving corporate jobs. People are moving to homesteads. And we are about to see real productivity, people manufacturing in their garages, and the actual expansion of quality of life.