What is causing the death of US industry?
What is causing the death of US industry?
cheaper Chinese, Vietnamese, and Indian industry
Debt.
Finance
Why bust your ass when you can get rich just moving numbers around
Gina, corporatism and kikes
It's cheaper to buy things in Asia and ship them.
China.
yuge gina
>What is causing the death of US industry?
Shadow government/global elites and corrupt politicians.
They even lend money to the US so they can finance their remaining industry...
regulations.
not even arguing against them, but they make it so pollution and dangerous working conditions get relegated to other countries.
but its the americans who allowed factories to be sent to China
Unskilled labor being imported in greater quantities than food and oil
Outsourcing is cheaper. I hope to god Trump will reverse that and make the US an industrial powerhouse again.
Jews
This
Your finance system is boosting your brick and mortar companies becuase they hae access to cheaper capital.
Also most profitable branches of economy are connected with IT and pharmacy.
>Allowed.
Financed and built them too.
>What is causing
You mean what caused
america being full of fucking faggots
US industry is fine, we produce just as much shit. People freak out because we employ like 10% of what we use to.
Just sucks to be an industry worker.
We de-industrialized so that we could import things more cheaply
We are going to be mocked in economics classrooms for centuries
It’s not possible to compete with people who are willing to work for $2 usd a day. An American needs $50 a day at the bare minimum and even then they’d still die in poverty living in tent.
How can America compete? In many cases labor costs are the biggest expense in production... not in all industries but in 80%.
Source: I work for McKinsey consulting
This.
China now has “industrial clusters” that we will never be able to catch up to... eventually they’ll capture the majority of the value chain.
You're not wrong Paco.
American here. Can confirm. But still fuck you and Mexico.