3 ms·
Maybe you are looking at the wrong number. % of trade is an abstract number. Not sure what it really means. How about % of goods. How many % of our everyday go
by temp8964 5y ago
Maybe you are looking at the wrong number. % of trade is an abstract number. Not sure what it really means.
How about % of goods. How many % of our everyday goods are produced in China? Can we even live a normal life if China stop sending those products to us for a week, a month?
- 8ytecoder 5y agoA great way to look at it. The overall number likely includes services, weapons and heavy machinery. That’s not what directly the day to day life.
- karmasimida 5y agoProbably not. Imagine kicking China out of Swift as did to Russia. Dollar is doomed and inflation is going beyond the roof.
- stickfigure 5y agoI look at the things around me and... it seems like it wouldn't be that much of a difference? My phone was made in Vietnam. My solar panels were made in Taiwan. My automobile was made in Japan. My clothes were made in Bangladesh. My lumber comes from Canada. My food comes domestically (the tomatoes are from Mexico, though that will change in a couple months). I can't tell where my laptop was made, but there are plenty of options from Korea and Taiwan. And I'm by no means anti-China. I like cheap flashlights and wrenches like everyone, but almost everything has alternative sources. If I had to go China-free, maybe I'd have the equivalent of 10% less disposable income? I doubt it would be even that much.