5 ms·
It sure was a good idea to allow every factory to move to East Asia.
by throwaway59553 5y ago
It sure was a good idea to allow every factory to move to East Asia.
- monkeybutton 5y agoWe should've invested in a strategic tennis ball reserve at the bare minimum.
- parineum 5y agoI am pretty shocked that this hasn't been more of a narrative since the PPE shortages of COVID. I guess it's expected that the people who have been pushing the free trade globalization angle wouldn't want to turn and admit that strategy has a significant downside that's been ignored. Not to say that it doesn't have upside.
- leppr 5y agoThe upside is shifting resources to focus on industries with less competition like software and semiconductors. No country can sustain the current quality of life of their citizens without imports.
- wizzwizz4 5y agoOur planet as a whole does, so this doesn't seem to be a universal truth.
- SubiculumCode 5y agoThis. I make the same argument when the question is in regards to whether a large national economy can do well in a silo. It seems to me that the U.S. is large enough to provide all types of resources, were they developed.
- vajrabum 5y agoAnd combining that with the JIT, minimize inventory thing makes it just that much more fun doesn't it.
- 8note 5y agoAnd then there wouldn't be a shortage because western countries didn't lock down non-essentials due to covid?
- missedthecue 5y agoInvesting in creating an autarky so that you can buy as many tennis balls as you want during every black swan event?
- throwaway59553 5y agoInvesting in a country so that manufactures raise the standard of living of the population, and of course the lack of dependence on foreign countries. If all you do is exporting raw materials and import manufactured good you're a colony. There's a reason for countries like China wanted to be the manufacturing center of the world. I think you can come up with a more intelligent reply, unless you think this is all about tennis balls.