Thursday, September 13, 2018

China calls for sanctions on U.S. goods









As long as consumer goods are cheap and the Chinese population is able to buy them, the labor costs are okay. The trap the USA has fallen in is that they raised their own living standard by theft and unsavory global economic practices while driving other nations who could have been clients into extreme poverty using sanctions and heavy-handed arm-twisting practices. This has made it virtually impossible for US companies to compete on the world market using the US labor force.









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