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→The disconnect
During the period of [[globalization]] (1996 - 2017), [[Wall Street]] became disconnected from [[Main Street]]. As American [[corporation]]s shifted their investment dollars from the United States to emerging markets and the developing world, Wall Street stocks, the Dow Jones Industrial average and other stock indexes reflected less and less the health of the U.S. [[economy]]. Wall Street itself became globalized, and Main Street suffered.
During the period of [[globalization]] (1996 - 2017), [[Wall Street]] became disconnected from [[Main Street]]. As American [[corporation]]s shifted their investment dollars from the United States to emerging markets and the developing world, Wall Street stocks, the Dow Jones Industrial average and other stock indexes reflected less and less the health of the U.S. [[economy]]. Wall Street itself became globalized, and Main Street suffered.
Two years into MAGAnomics, the Chinese [[slave]]-driven economy started to contract as American and other multinational conglomerates began locating elsewhere. Some returned to the United States, others moved to [[Vietnam]] and other low-wage labor markets. Many Wall Street stocks, which which thought globalization was the wave of the future, had to go through a period of re-assessment and adjustment.
Two years into MAGAnomics, the Chinese [[slave]]-driven economy started to contract as American and other multinational conglomerates began locating elsewhere. Some returned to the United States, others moved to [[Vietnam]] and other low-wage labor markets. Many Wall Street stocks, who anticipated globalization as the wave of the future, had to go through a period of re-assessment and adjustment.
But the American economy, the Main Street economy, remained strong and only continued gaining in strength as de-regulation and a better tax environment brought manufacturing jobs back home.
But the American economy, the Main Street economy, remained strong and only continued gaining in strength as de-regulation and a better tax environment brought manufacturing jobs back home.