Posts: 3,885 +3,798
Now cheap labor (ie slave labor) will end... while the rest of the World adopts new G&G metal mining strategy. We'd gladly take a 10 year hike in electronics, for the rest of the world to get off CCP hegemony & resources derived from "cheap labor".
win/win for everyone but CCP.
I think it started like this.
After WW2, U.S. became the global manufacturer. Europe was in ruin, so was Japan.
As workers demanded more money, the CEO's looked for cheaper labor. Then they moved
to Japan. As Japan improved, their workers demanded more, and labor moved to Korea.
Same happened there, and they moved to China. It was like a dream come true for the
industrialists. The CCP dictatorship won't allow people to demand anything, so the labor
pretty much stayed at a fixed rate.
Once the CCP had a lock on a LOT of manufacturing, they start demanding things from other
nations "or else" cut them off.
What the CEO's need to do is take a PAY CUT, along with the stockholders and bring manufacturing
back to the U.S. and others and tell the CCP to go pound sand.