Foreigners no longer want Treasury bonds so the FED is printing even more of its I Owe You Nothing Federal Reserve Notes. Foreigners are buying US farms and factories. US Steel was just bought by Japan.
My sister drove a truck in the Gary, IN works. She doesn't know how that's going to affect her pension yet.
“The most terrifying force of death comes from the hands of Men who wanted to be left Alone. TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy… but it will fall upon the deaf ears of the Men who just wanted to be left alone.”
Have her talk to the union. The Japanese cannot disregard US Steel's pension obligations unless they put their subsidiary through bankruptcy, even there wages and pensions get priority over other creditors.
"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist