The supply-chain catastrophe in 2020-2021, the edgy US-China relationship, and the scary dependence on China triggered a big corporate rethink.
Deglobalisation and the US
Deglobalisation and the US
WS | The Factory Construction Boom in the US
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- Heracleum Persicum
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Re: Deglobalisation and the US
Typhoon wrote: ↑Sun Dec 03, 2023 6:58 pm WS | The Factory Construction Boom in the US
The supply-chain catastrophe in 2020-2021, the edgy US-China relationship, and the scary dependence on China triggered a big corporate rethink.
What is benefit of manufacturing in US when price not competitive with China, India etc ?
Key is price for same quality
Otherwise things will be (way) more expensive than imports, not only screwing the consumers, but also make export losing business.
Unless
Cost of doing business comes down
Meaning wages, rents, prices come down .. for that "recession" needed
What we headed to
Otherwise, as more things made in US, and they more expensive than imports one (from China), prices will be higher, more inflation
In the past, it was not so that things could not be made in US .. issue was cost .. making it China, India, Bangladesh was way cheaper
Nothing has changed .. still way more expensive to make it in US .. and .. things will become worst as recession in China will make Chinese manufacturing even cheaper.
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- Heracleum Persicum
- Posts: 11735
- Joined: Sat Dec 22, 2012 7:38 pm
Re: Deglobalisation and the US
Interesting and true article .. good to have the whole article posted
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