RE: The Financial Shift East
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It's the West's fault for that. Made in China is what made those yearly double digits possible. Why didn't Apple manufacture the damn iPhones in US? Cheaper production costs...
Now the US will have to price for that in so many ways. It seemed that Trump tried to change that, but the election got rigged and now you have Biden, who is probably the worst president in the history of the US.
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Of course, it is the West's fault just like it is Blockbuster's fault they are out of business.
Whatever the level, rare do entities take over from the incumbent. Instead, it is given to them. The US, primarily, wanted cheap goods at Walmart so that was outsourced. We see this happen all the time. That really enriched China, to their credit.
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