6 sats \ 2 replies \ @Nuttall 3h \ parent \ on: Do People Actually Believe the Election Result will Result in Positive Change based
What you state here is true but we are going to stop buying crap. What you are not seeing is that many Americans are making our own things. We are minimizing what we want. We don't need Swift or Brics. We've got Bitcoin.
Also the AI scam is just a way to prevent Bitcoin hash from increasing. The chips that weren't available for cars went to Bitcoin mining and now it's a play to get the chips back into Fiat.
We don't need cheap Chinese bullshit. If anything the Chinese products are getting too expensive!
Our clothes come from Vietnam, India, Thailand, Mexico. Most luxury brands are Chinese.
Anyway... Nice discussion. I wish you well.
Most American and for that matter globally, households, businesses and supply chains are chokka with Chinese manufactured goods. They can be produced by others sometimes but seldom at the same low cost. Disengagement from the Chinese economy would have severe inflationary and supply chain consequences for most economies- this is how China has beaten the west at its own game- China has won the trade war.
It's a done deal.
Clothes have moved away from China to those around its growing orbit of power.
Chinas manufacturing has naturally progressed up the chain toward higher value added products like cars, planes and robotics...and to secondary and tertiary level services and infrastructure like banking, insurance, logistics, communications and space technology.
This is natural the progression of a mercantile empire on the rise.
In contrast to the receding US one that is now clinging to the remnants of its former dominance.