Page 17 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

INTRODUCTION I 11

Are you working in an area that fiber optic
cable could change?

2001: China was admitted into the World Trade
Organization (WTO). Today, America and many Western
nations such as the G-8 nations have become consumers
rather than producers. This sets up a huge balance-of-trade
problem and also takes away our factories.

Many small businesses are not able to compete with
companies like Wal-Mart, who has direct lines to China's
factories.

Today in America and other Western nations, our middle
class is shrinking as the middle class in China and India is
growing.

Do you consume products manufactured overseas?

2004: During the Kerry-Bush debates, there was talk about
the outsourcing of American jobs. But there is a bigger
problem both parties avoided. There was little said about
the outsourcing of American debt into the hands of
foreigners.

While there is much discussion about illegal immigrants in
our work force , there is a more serious immigration
problem not being discussed: the amount of foreign capital
that keeps the United States. afloat. In 2004, 44 percent of
our Treasury debt was owned by foreigners. No leading
country in history has ever incurred this level of foreign
debt. As a nation we cannot afford the payments to service
this debt, and there is a limit to the amount of our debt the
l. Are you able to service your own personal debt?
world will tolerate.

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