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The U.S. is selling soybeans and software licenses, China is making shoes and iPhones. The U.S. is not taking advantage of cheap Chinese labour any more. U.S.
by Theodores 7y ago
The U.S. is selling soybeans and software licenses, China is making shoes and iPhones.
The U.S. is not taking advantage of cheap Chinese labour any more. U.S. labour is not competitive because the U.S. has to carry a rentier class that sponge off the efforts of hard working Americans thereby making U.S. labour noncompetitive.
The U.S. have the petro-dollar to uphold their empire, plus the world's most bloated military. It ain't working any more.