478
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 11 Aug 2023
478 points (89.8% liked)
World News
32318 readers
810 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
Specifically the economy we rely on as much as our own because our corporations sent all their manufacturing there.
the international corporations are leaving fast.
I hope so. Sending our industry to a foreign country that merely tolerates us will lead us nowhere but straight to hell.
More companies are moving there. Some German car companies were reported on this week as having made the decision to leave Germany for China
not really, the pandemic boom is over so a lot of manufacturing contraction is happening right now. Product inventories are high and personal debt is also at a high. If the economy took a 180 and boomed again all those chinese factories would be at capacity with US orders. Still no replacement for China yet. Vietnam and India are not there.
Don't worry, they won't be outsourcing any more once they bring back child labour... Wish I could add a /s