Quote:
Originally Posted by Barry-xlovecam
So you want to pay $1,000 for a USA made iPhone and $1,800 for a mid range PC? How could this be inflationary? LMAO.
Maybe, these ideas will actually be deflationary -- consumer goods made in the USA with USA wages will be hard to afford -- I smell another recession/even depression coming
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Yes, it will lead to a depression. But it will save the Wests economy and living standards long term.
Why do you think China will only produce electronics and clothes?
Maybe the next step is iron and steel; aluminum; coal; machinery; armaments; textiles and apparel; petroleum; cement; chemical; fertilizers; food processing; automobiles and other transportation equipment including rail cars and locomotives, ships, and aircraft.
Whoops, too late they're already doing it.
What's to stop them taking over from Wall Street and then what's left?
Heaven help you having to pay for an American to make anything and have enough to buy a session with a Third World Webcam girl. LOL