Tijn Von Ingersleben
Gold Member
- Feb 5, 2018
- 8,558
- 2,592
- 290
- Banned
- #41
Their domestic consumption and middle class wages have not reached a point where they can rely on national consumption to keep their economy afloat. They began the transition about 5 years ago as direct government investment began to taper and manufacturing aimed at domestic consumption throttled up. The numbers are steadily climbing and it won't be long. When that time comes the rest of the planet better watch out.
No country is an island but they see the US of the 50s and 60s and want that level of independence created via domestic consumption and manufacture. In the interim, they need trade and they need our dollars to continue their ~6% growth/yr.
Look for them to come to the table with some real solutions. They need our fat Walmart shoppers just as bad as we need their cheap plastic shit.
As with Trump...this is but a blip on the radar...big change is coming.
No country is an island but they see the US of the 50s and 60s and want that level of independence created via domestic consumption and manufacture. In the interim, they need trade and they need our dollars to continue their ~6% growth/yr.
Look for them to come to the table with some real solutions. They need our fat Walmart shoppers just as bad as we need their cheap plastic shit.
As with Trump...this is but a blip on the radar...big change is coming.