Goods and services from China accounted for only around 2.7% of U.S. personal consumption expenditures in the last decade! Over 80% of US personal expenditures are made in USA products and services.

by realister ritholtz.com/wp-content/uploads/2012/01/Made-in-…-.png “How can it only be 2.7% when almost everything in Wal-Mart (NYSE: WMT ) is made in China?” Because Wal-Mart’s $260 billion in U.S. revenue isn’t exactly … Read more