Paul Dans
👤 PersonAppearances Over Time
Podcast Appearances
But to back track to the economics, this is...
at MIT in the early nineties was when they were putting up the theoretical basis for globalism.
And I remember, you know, MIT economics is probably the top in the world.
That's where all the Nobelists hang their hat.
And my, my macro econ professor solo was literally receiving the, the, the,
the award that year in 91, I believe it was, or 90.
And he was beginning to put the theoretical underpinnings for if we moved production out of the United States, but as long as the return to capital came back to United States citizens, we would be all set.
And what they never factored in is what they called externalities.
And the externalities are the mom and pops and all the families that have built their entire life around this factory town that have all their equity in that house, that have their social fabric.
What's happening here?
And I'm knowing about my own family.
You know, my uncles, they fearlessly fought World War II.
They came back and, you know, the mill closed and the mill moved.
And now he's literally a Maytag repairman.
And, you know, the kids are getting into alcohol and drugs and this.
And you can kind of see it happening in real time.
Yeah, well, I mean, the giant sucking sound from the South, when he put that in place, H. Ross Perot did, and basically talked about NAFTA and the fact that
Moving all these factories over the border.
He was prescient about it.
And to be sure, you know, we were coming out of this peace dividend.