People though it wouldn’t happen for so many things and then COVID happened and we finally realized that we had shipped our manufacturing capacity for so much stuff to Asia that we’re now playing catch-up to reverse the mistakes of the past.
Again, it’s not just about layoffs, it’s about making sure you can’t get fucked by another country if they decide to make a move against you. It just requires one political incident and you’re in for a round of inflation because China decides to increase its prices just enough that people still don’t have a choice but to buy from them because the alternatives are still too expensive.
And if you think American manufacturers can’t go bankrupt then you don’t need to look too far to be proven wrong and once that happens then you’re at the mercy of the goodwill of foreigners. Considering the political landscape in the USA that’s not a position I would want to be in.
People though it wouldn’t happen for so many things and then COVID happened and we finally realized that we had shipped our manufacturing capacity for so much stuff to Asia that we’re now playing catch-up to reverse the mistakes of the past.
Again, it’s not just about layoffs, it’s about making sure you can’t get fucked by another country if they decide to make a move against you. It just requires one political incident and you’re in for a round of inflation because China decides to increase its prices just enough that people still don’t have a choice but to buy from them because the alternatives are still too expensive.
And if you think American manufacturers can’t go bankrupt then you don’t need to look too far to be proven wrong and once that happens then you’re at the mercy of the goodwill of foreigners. Considering the political landscape in the USA that’s not a position I would want to be in.