In case the top economics people don't understand yet, Imma quickly explainhow China took over manufacturing in 20 years.

It's very similar to how Facebook and tech giants operate. Which is based on the Rockefeller gas station model:

Loss leader. Dominate market while losing a bit of money for a few years. Drive competitors out of business.

1) USA company X to Chinese manufacturing company Y: "how much can you make this product for?"

2) Chinese manufacturer: "2c per unit"

3) USA company internally: "how can they make it for that?"

4) Chinese company: "just show us around your plant and show us how you make it"

5) USA company does it anyway, because cost saving is huge and they don't want to lose out to competitors.

6) Chinese company steals all manufacturing tech, with oversight by PLA dept. of manufacturing

7) USA manufacturing not competitive in short term

8) China win

This is all done with outside help from top economists and strategic planners

>>15610825

>how China took over manufacturing in 20 years.

What the (outside planners) proved beyond any doubt is that these things have to be centralized. Anarchocapitalism doesn't work, can't work.

Youhave to have balancing tariffs, at a minimum. This is not an option. It's economic life or death.

>>15610953

>You have to have balancing tariffs, at a minimum. This is not an option. It's economic life or death.

SOME OF YOU MAY REMEMBER THE 90S WHEN THE TRAITORS WERE TRYING TO SELL THE IDEA OF BEING A "SERVICE ECONOMY"

>>15611009

YES. It was very obvious back then too, to those who knew anything about economics.

James Goldsmith explained it pretty well in the mid-90s before they killed him right after the UK 1997 election in which he ran the "referendum party" and just before they killed his daughter Diana

Senate Commerce Committee on GATT: 03.08.95:

https://www.youtube.com/watch?v=YnL352yANA8