3 ms·
>we are clearly beyond the point where any goods are going to flow between the US and China Not even close to being near that point, much less "beyond". It si
by coldtea 2y ago
>we are clearly beyond the point where any goods are going to flow between the US and China
Not even close to being near that point, much less "beyond".
It simply can't happen (the flow to stop in any significant way) for the foreseeable future of 5-10 years. Trade will continue.
If all such trade was to stop not even now, but even a year from now, It would be Mad Max.
- cantrecallmypwd 2y agoYou're out of your mind if you think people will pay more in the long-term when there are or will be cheaper alternatives. Many countries in Africa are the next logical neocolonial maquiladora targets for cheap goods to feed the Global North.
- coldtea 2y agoKey words: "when there are or will be". "Many countries in Africa" don't have the infrastructure, manpower, expertise, supply chain, and other factors - and they wont have for the foreseeable future. If you're talking about sweatshops making clothes and stuff, sure. If you're talking about anything more advanced, that requires factories, technology, complex production lines, etc, nope. For the foreseeable future, things will just get expensive and/or be consumed less. You'd be lucky if you get "only modestly quite more expensive" alternatives.