Quote:
Originally Posted by Bigsham
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The US Workforce isnt manufacturing anything, and on the global productivity scale is on the bottom 10%
There is a special on netflix called american factory, i think it will broaden your view on how manufacturing and factories work. Its an A+ Watch
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No no no. This:
Quote:
Originally Posted by Woke Locc
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Buy more shoes from China. It keeps them occupied with peasant work while we perform 100x more valuable tasks.
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We have China completely by the balls. We print endless streams of money and give those promises to them in exchange for low-end goods. They can't say no and devote their base to satisfying our demands. Meanwhile if we chose to, we could completely cripple them. It would take a year or two to gear production back up for those goods if something "happened" to our Chinese partners or their precious trade routes. We can easily shift production to India or Vietnam as Apple has been doing recently. I'm sure the Mexicans and other guys from that area would love to take up the burden.
Meanwhile the Chinese would have nowhere to unload their junk and they wouldn't be ready to take up the slack for high-end domestic product in nearly the time it would take us to dust off the old factories. We have those guys right where we want them.
edit: I agree our manufacturing sucks (except for like Raytheon and high-end stuff). I'm just saying it doesn't matter.