And this s why China is now the world’s largest economy, GDP-PPP, and now has a standard of living far in excess of the US. China built more miles of high speed railway every year than the US has total.
Yet instead of trying to keep up with China, the typical American buries their head in the sand and WISHES it were not true. Well, wishing and populist propaganda is not going to help much, except ease the pain for Americans.
But no worries, China will soon own most of American manufacturing, and start up the American plants again, using cheap slave-wage American workers, to supply the huge Chinese domestic and export market, just like Haier bought out General Electric Appliance Division and is now using American plants and cheap labor to assemble made-in-China parts to service the American markets with allegedly made-in-America-but-in-reality Chinese appliances, all profits going back to China. Just got to love those Trump tariffs. The Chinese are using their tariff income to buy bankrupt American manufacturing.
And this s why China is now the world’s largest economy, GDP-PPP, and now has a standard of living far in excess of the US. China built more miles of high speed railway every year than the US has total.
Yet instead of trying to keep up with China, the typical American buries their head in the sand and WISHES it were not true. Well, wishing and populist propaganda is not going to help much, except ease the pain for Americans.
But no worries, China will soon own most of American manufacturing, and start up the American plants again, using cheap slave-wage American workers, to supply the huge Chinese domestic and export market, just like Haier bought out General Electric Appliance Division and is now using American plants and cheap labor to assemble made-in-China parts to service the American markets with allegedly made-in-America-but-in-reality Chinese appliances, all profits going back to China. Just got to love those Trump tariffs. The Chinese are using their tariff income to buy bankrupt American manufacturing.