@ELS_Research As opposed to the Western ones also finding the same thing. Do keep in mind it's 125% now. Ask Wall Street. How's the Dow Jones?
Protectionism is a fascinating strategy to witness in the US of all places.
@HartshApo@AmericusMaximus Another example, the iphone contains elements from mines from 79 countries. Rare earths. Commonly needed in electronics manufacturing.
There is a primarily made US phone... took nearly a decade to develop including skilling and costs $2K. They're ahead now...
@HartshApo@AmericusMaximus To take one example: Electronics engineers with the required expertise for manufacturing complex consumer electronics are in critically short supply in the US. Shenzhen has at least a million. It takes several years to train to the requisite level. It can be done... eventually.
@Csmflynt3Jeff@PeteButtigieg Yeah, communism is free trade! Protectionism is free markets! War is peace! Freedom is slavery! Ignorance is strength!
As an Australian with a very good memory I'm fuckin laughing. Reshoring sure is going to be interesting.
@JoseMig20895845@Lloopybook @pressheartx @ContraPoints And the thing is, you know that. You've spent your whole life on the defensive and you're hoping this helps. Good for you, champ!