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When you're living paycheck to paycheck, every dollar matters. The problem is things are cheaper from china, because China as a nation invested in their ecosys
by nojvek 7y ago
When you're living paycheck to paycheck, every dollar matters.
The problem is things are cheaper from china, because China as a nation invested in their ecosystem of manufacturing. Ports, roads, tax incentives, loans e.t.c
US on the other hand did not invest in themselves as heavily.
It's like a rich son having someone else do his assignments and when the end of year exam comes, he's fucked because he didn't put the effort in learning himself.
The more we take China take the lead and we rely on them, the more we lag behind.