US industrial prowess have been hollowed out. They cannot compete with the far East. It's as simple as that. But US still maintain the lead in high tech so far.So china can continue to have massive trade surplus while US manufacturers uplorry and unemployment en mass? This ish wad u get from free trade..... go and listen to kum lan kia Adam Smith Free trade lah.... free Ji Ki Lan ok Ji Ki Lan.... US should have set up massive tariffs way way back...... 1972 Bilderberg.... protectionist now abit too late liao.....
Pinoys go there to work as maids, entertainers and selling pussyUS industrial prowess have been hollowed out. They cannot compete with the far East. It's as simple as that. But US still maintain the lead in high tech so far.
The problem will be ASEAN. We are buying but not selling much back to china.