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Maybe good for both? The companies didn't go there to donate.
If there were no Chinese factories, you might spent $2000 on a cell phone. Moreover, a poor, isolated and hostile country is a bigger threat than a competitor.
You really need to watch one of Bannon's recent longer presentations on China. You have no idea what's going on in China.
Maybe good for both? The companies didn't go there to donate.
If there were no Chinese factories, you might spent $2000 on a cell phone. Moreover, a poor, isolated and hostile country is a bigger threat than a competitor.
Cheap manufacturing destroyed America.
It made non-necessary utilities cheap making Americans materialistic (moreso) and destroy small towns across the country and local communities.
It enslaved Chinese people in factor and forced them off their land, now China's culture is being destroyed even worse than during the cultural revolution.
It made non-necessary utilities cheap making Americans materialistic (moreso) and destroy small towns across the country and local communities.
It enslaved Chinese people in factor and forced them off their land, now China's culture is being destroyed even worse than during the cultural revolution.
It was an unmitigated disaster.
Please, before there was the Chinese there was the Japanese. Milton Friedman wrote an article in Newsweek about trade and he countered every argument for tariffs against the Japanese. The same arguments apply to China today.
I’m old enough to remember when the protectionists were telling us Japan was going to pass us up
Maybe good for both? The companies didn't go there to donate.
If there were no Chinese factories, you might spent $2000 on a cell phone. Moreover, a poor, isolated and hostile country is a bigger threat than a competitor.
By this statement, you obviously know nothing about free market. If there was no China to manufacture a cell phone, somebody else would have filled the void. No cell phones would ever cost $2000. If it did then cell phones would never have become popular. That's how the free market works.
Please, before there was the Chinese there was the Japanese. Milton Friedman wrote an article in Newsweek about trade and he countered every argument for tariffs against the Japanese. The same arguments apply to China today.
I’m old enough to remember when the protectionists were telling us Japan was going to pass us up
Reagan's tariffs on Japan did stop their cheating, it caused them to boost exports and lead to the bubble in the late 80s.
Now Japan is a better more humble society.
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