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Delocalising everything to Asia certainly did not play any kind of role, you're right. It's such a simple problem that it can only have a single cause, which ca
by lm28469 1y ago
Delocalising everything to Asia certainly did not play any kind of role, you're right. It's such a simple problem that it can only have a single cause, which can be summed up in a single sentence as you did so nicely, one could even shorten it to "regulations bad" and be happy
> Our firms had no incentive to be efficient since they had a captive market
Efficient compared to what ? Chinese working conditions ? Good luck lmao
If slave labor, 1950s style working hours, state controlled economy and international dumping is what you want the EU to compete with one to one we're dead
- soco 1y agoThe lesson here is that some people would be very happy to reintroduce slavery, if their eggs gonna be cheaper (feel free to swap my example with any other).