NAFTA and China's entry into World Trade Organization caused massive manufacturing job losses in United States and Europe; Western companies transferred manufacturing and high-tech knowledge to China through required partnerships, allowing China to become technological and industrial powerhouse

causalpending

Speaker

Gerald Celente

Evidence Quote

they took the manufacturing both from heavy industry and high tech china couldn't make stuff they brought it all over there you can only become a 49 partner you're a minor partner here but you have to make your stuff here and now china has all the technology they have all the industry industrial knowledge that they need

Source

The Most Outspoken Trend Forecaster, Gerald CelenteThink Smart Education
Created: 8/10/2026, 11:04:44 PM

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