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And it's precisely what is happening right now. Unless forced to manufacture here (like say defense and space industry), the low salaries elsewhere and already
by AstralStorm 4y ago
And it's precisely what is happening right now.
Unless forced to manufacture here (like say defense and space industry), the low salaries elsewhere and already existing vertical and horizontal integration make for an insurmountable advantage forever.
- mywittyname 4y ago> Unless forced to manufacture here This is exactly what's happening. Companies realize that they don't have any influence or visibility into overseas production in places like China. That labor savings doesn't mean much when you're not allowed to actually make things, or when your goods get stuck in shipping for months on end.