3 ms·
American Factories Are Making Stuff Again as CEOs Take Production Out of China
- causality0 4y agoIt can't happen fast enough. Chinese labor costs are rising far faster than their productivity and everything else in the region has far greater security problems. The only real question is how much of our arm is still inside the blast door when the next major Asian conflict slams it shut on us. It could be Chinese demographics in fifteen years or it could be Taiwan next year. Tick tock.
- tjpnz 4y ago>The only real question is how much of our arm is still inside the blast door when the next major Asian conflict slams it shut on us. I hope CEOs are watching what's going on in Russia and have an exit plan in place if it the same happens in China. Airline lessors have already lost billions and the Russian government is drafting laws to seize all foreign assets.