Posted by mkirsch on July 07, 2014 at 06:28:09 from (65.199.189.6):
In Reply to: Chinese Farms in US! posted by Deere Scotty on July 06, 2014 at 21:26:53:
There may be a lot of land in China, but they got the shaft as far as land quality goes. Most of it is pretty rugged, mountainous terrain as I recall.
Yeah, back in the 1980's everyone was running around in a panic over the Japanese. Now it's the Chinese.
What happened to your faith in economics and capitalism?
Economic forces brought about a happy medium with Japan, and the same will happen with China too. That economic force will be consumer demand in China itself. It's already happening. You can't keep a billion people as slave labor no matter how big your army is, so the only way to prevent a violent uprising is to keep paying the workers more and more. As they get more money, they buy more stuff, creating more demand for more higher-quality goods and services.
It's happening right now. It's getting to the point where for some companies, it's starting to make sense to bring manufacturing back to the USA.
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