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"Generally speaking, industries get shipped off to China because people in China are poorer, and will work for less money. When there are as many industries in
by knieveltech 15y ago
"Generally speaking, industries get shipped off to China because people in China are poorer, and will work for less money. When there are as many industries in China as in the US, they won't be poorer any more, and the flow will stop."
Net result: global average wages settle somewhere near what a Pakistani brickmaker would call "prosperity". What you're describing isn't a win.