I don’t deny what you are saying. However, exercise your strategic vision; examine the situation with a broader perspective.
The surrender of our industry was intended to enrich the 1%. Weakening the U.S. was an irrelevant consequence of that ultimate aim. The U.S. as an entity has no meaning when profits are measured in the tens of trillions.
The Biggest Money rules, beginning at the local level, and rising to the very top. It’s always been this way.
“Our” industry will soon be relocated to SubSaharan Africa since the slaves in China are getting a little uppity and demanding...rights. Watch and see.
No sorry. Not happening.
What happened to American industry is it was sold. SOLD. To China.
China has a controlling interest, and now owns them. We have a minority interest and only keep that now at China’s decision.
We need to realize giving up control of all our industry was a nearly fatal flaw in American industry.
Bring back industry to America.
Now.
Africa and India don’t have the infrastructure and won’t anytime soon. China is the only country positioned to dominate manufacturing, despite some slippage in extremely low end products.
The bigger issue is that when the yuan becomes fully convertible, Shanghai and Hong Kong will challenge Wall Street.Finance is one area the U.S. still controls.
As an aside, Macao now does like 3 times the volume of Vegas. China is now the world’s largest auto market.
Yet the U.S. still thinks China just makes Happy Meals and is dependent on exports.