Stuff that China vs. USA likes

[Hoonose]

Originally Posted by Packard fan

China's in a world of hurt cause its working age pop's been dropping year by year since about 2010 and, the drop WILL start getting worse real soon. Why all that matter is cause its wages are jumping and jumping making it way too expensive to make stuff over there.

IMHO China WILL crash and burn in less than 10 years.

IMO China's economy will be robust enough in 10 years, much more dependent on their consumers than exports. But necessarily less growth than the recent past years of massive industrialization and infrastructure. Continuing to move closer to the USA. And I agree by then their costs of doing business at home will be much higher. How much that helps our workers is hard to say, as business could move to other 3rd world countries.

[Packard fan]

Originally Posted by Hoonose

IMO China's economy will be robust enough in 10 years, much more dependent on their consumers than exports. But necessarily less growth than the recent past years of massive industrialization and infrastructure. Continuing to move closer to the USA. And I agree by then their costs of doing business at home will be much higher. How much that helps our workers is hard to say, as business could move to other 3rd world countries.

I'd agree but; 3rd world countries that are even half way "safe" to do business are getting thin on the ground since most of them have been snapped up.