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There is a huge logical fallacy in saying our good jobs are going to China and the stuff China produces is junk. They produce things we buy, which means it isn'
by ivankirigin 19y ago
There is a huge logical fallacy in saying our good jobs are going to China and the stuff China produces is junk. They produce things we buy, which means it isn't junk. They make it cheaper than we do, which means they are better at it (environmental concerns aside).
Have you seen the growth curves from China recently? Sustained double digit growth for _decades_. It is unprecedented. China isn't "doing a Japan". They are doing so much better than that.
- michaelneale 19y agowe like junk then ! I am just tired of buying a dvd player a year. Of course it is so cheap it may as well be free with a disc, but still, maybe I am old fashioned and think appliances should last ;)
- ivankirigin 19y agoDesigned obsolescence has little to do with manufacturing moving to China.
- eru 19y agoThey started from a pretty low base. By the way the famous Asian Tigers and Ireland had fantastic growth, too. Not to forget war-torne europe and their Wirtschaftswunder.