In Reply to: RE: Here you go posted by Satie on June 19, 2017 at 12:46:17:
That at least provides some hope that equilibrium will be restored and the downward pressure on industrialized economies will fade -- though there are still an awful lot of people in the third world.
Of course, China is still a medium income country with wages much lower than they are here, and goods can still be made more cheaply there than here. My understanding is that the manufacturing that is moving back is doing so because other factors, such as the cost of transportation, make it more economical to do so for a given product.
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Follow Ups
- RE: Here you go - josh358 12:01:42 06/20/17 (10)
- RE: Here you go - Satie 21:58:35 06/20/17 (9)
- RE: Here you go - josh358 12:34:48 06/21/17 (8)
- RE: Here you go - Satie 23:11:04 06/21/17 (7)
- I haven't been following it - josh358 07:45:03 06/22/17 (6)
- RE: I haven't been following it - Satie 13:12:15 06/22/17 (5)
- I haven't been following it - josh358 16:03:19 06/22/17 (4)
- RE: I haven't been following it - Satie 23:01:23 06/23/17 (3)
- RE: I haven't been following it - timm 11:01:59 06/25/17 (1)
- RE: I haven't been following it - Satie 13:08:38 06/25/17 (0)
- RE: Here you go - josh358 10:01:33 06/24/17 (0)