The US and to a lesser extent the EU sold their manufacturing sectors to China without any idea of what to replace them with or what to do with the populations

The US and to a lesser extent the EU sold their manufacturing sectors to China without any idea of what to replace them with or what to do with the populations who relied on that work, we are feeling the pain of a self inflicted wound. They did this at the same time they dismantled the social safety nets that could have maybe kept people going. Now millennials are feeling the pain of those decisions in an economy that frequently crashes, with houses and education that are increasingly unaffordable.