4 ms·
And China was able to scale up the mass manufacturing of cheap goods because rich western companies dumped their money into China to capitalize that manufacturi
by ativzzz 2y ago
And China was able to scale up the mass manufacturing of cheap goods because rich western companies dumped their money into China to capitalize that manufacturing. It's all interrelated
- jumping_frog 2y agoEuro dollar system just printed that money out of thin air. It's the Chinese products which are providing value backing to that printed money