The Myth of Chinese Outsourcing

Tony Sagami

All the eager-to-get-elected politicians are railing against China for stealing our manufacturing jobs and keeping our unemployment rate painfully high. Wrong! A new study by the Federal Reserve Bank showed that only 2.7% of total consumer spending in the U.S. went to Chinese products in 2010.

And of the scant dollars that do go to buy Chinese products, 55% of that amount goes into the pockets of American companies and American workers.

More importantly, this study contained several investment factoids that could help you double, triple, or even quadruple your stock market returns as well as lower your portfolio risk. Plus, click here to learn about my single most, no-questions-asked, number one best investment idea in the world.

P.S. If you haven't already read my report on the hidden Asian profit opportunities that are now springing up all over Asia — then you're doing yourself and your loved ones a disservice. The investment analysis, strategies and reasons that I give you are invaluable, and quite simply, they could make your entire year for you. Click here to read it now.

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Posted 08-22-2011 1:12 PM by Tony Sagami