Three solar firms file for bankruptcy in a week

[cancel2 2022]

Yeppers, when foreign companies have unfair advantages due to subsidies from their govt or through not having to follow labor laws or pollution standards or other things that are even close to the US ... when our companies are undermined due to that unfair advantage...damn right I want to slap a tariff on the foreign companies rather than have them dump their stuff in our country and ruin our manufacturing.

Apparently nobody has informed you of the existence of the World Trade Organisation, protectionism is no longer an option open to the US. Globalisation has benefitted the US enormously, welcome to the downside.

 

[cancel2 2022]

Don't forget those workers in China are making cents on the dollar, in horrible conditions, and no rights. That's ILA's dream for America too.

With my business, I do a lot of trade with China and I can tell you that holding onto good staff is a big problem now. Wage inflation is currently soaring.

 

[/MSG/]

With my business, I do a lot of trade with China and I can tell you that holding onto good staff is a big problem now. Wage inflation is currently soaring.

Yeah, their middle class exploding is based on.....fairy tales or something.

 

[Howey]

Yeah, their middle class exploding is based on.....fairy tales or something.

Here's a pretty graphic with lots of colors:

 

[tekkychick]

With my business, I do a lot of trade with China and I can tell you that holding onto good staff is a big problem now. Wage inflation is currently soaring.

Which is when firms will be moving on to Indonesia and other low-wage places if they haven't already.

Race to the bottom.

 

[/MSG/]

Which is when firms will be moving on to Indonesia and other low-wage places if they haven't already.

Race to the bottom.

I thought you were all about helping the poor. Why don't those people deserve a middle class of their own?

 

[canceled.2021.1]

Businesses started moving on from China years ago. Vietnam is new place. The myth that business would get 1% of their billion population is finally catching on. Add to increased labor costs and their lack if respect for intellectual property and the dance party is over

 

[tekkychick]

I thought you were all about helping the poor. Why don't those people deserve a middle class of their own?

I'm all for it, Kel-tec. I think what businesses do is abhorrent - go in, exploit a poor country and its resources, then move on just as the country is demanding a decent raise and a share of the good life.