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China has a demographic collapse coming so there is probably baked in inflation coming in the 2030s. The era of cheap chinese junk might go away. It doesn't jus
by saturn8601 2y ago
China has a demographic collapse coming so there is probably baked in inflation coming in the 2030s. The era of cheap chinese junk might go away. It doesn't just mean Aliexpress/Temu junk. It means a lot of fun things we take for granted may not make sense in a more inflationary environment so they dont get made.
If you watch manufacturing videos, its crazy how many people actually come together to make the cheap mundane things we take for granted: For example, count the number of people who touch this random RGB bluetooth speaker: https://www.youtube.com/watch?v=yFYxSX6xP2U https://www.youtube.com/watch?v=yFYxSX6xP2U
Maybe you could automate that, but it really would be more effort than its worth to set up robots to make what I assume is a fairly cheap product.