Wait a minute

Wait a minute.

Is he right?

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how do I soy quote an image

It’s both.

It can't be a devious plan if you knew what would happen and ignored it for benefits. Take accountability.

Not really, the average American also benefited from low price Chinese goods, and the US as a country were able to keep their debt sustainable by running a trade deficit with China (Triffin Dilemma)

Multinationals built the PRC.

As soon as China reaches real living standards the manufacturing will start bleeding elsewhere like Indonesia or some shit. Painting China as some adversary is silly. The capital follows gravity to the next place to exploit an illiterate workforce.

>The Capitalists will sell us the rope with which we will hang them

Yes. Capitalism, and especially modern capitalism is extremely parasitical.

But literally no one thinks it was a chinese ploy. Although they are indeed evil little gremlins who manipulate their currency.

That’s already happening and it should’ve been happening a lot sooner. Some Samsung phones are now manufactured in Vietnam, for instance.

>money printer go brrrrrrrrrr

Already happening
It's over

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Based and REDpilled

What am I looking at?

Indexed Unit Labor Costs in the Manufacturing Sector of Selected Countries, 2000-2016

Nothing wrong with currency manipulation.

reported for anti-semitism

>Unit labor costs provide an easy gauge of the relationship between wages and productivity. Defined as the labor costs associated with producing one unit of output, unit labor costs measure "bucks for the bang” – which are directly proportional to the bang for the buck. When wages rise faster than productivity, unit labor costs climb because each bang costs a few more bucks.
>In the United States, unit labor costs decreased by nearly 20 percent between 2000 and 2010, meaning that productivity rose faster than labor costs. While they have since risen following the end of the recession, they remain about 6 percent below their level 16 years ago. That is not the situation in many countries that are often considered as destinations for outsourcing. In the case of China, for example, the opposite occurred: wage increases have easily outpaced labor productivity growth. As a result, economy-wide unit labor costs in China are 2.5 times higher than in 2000.[iv] Canada and South Korea also faced rising unit labor costs, with 34- and 22-percent gains, respectively. In Germany, unit labor costs saw several increases and decreases but ended the period almost exactly where they started.

Implying CCP can't just forcefully keep labor costs low

>Is he right?
No, companies that outsource to china sell cheaper products. That's really all there is to it.

but China's economy is still growing? Will they get stuck in a middle income trap too?

Why would they do that?

They used cheap labour to skyrocket their economy, now that they evolved they don't need it. That's why you see chinese companies buying western companies by the thousands.
They'll play the same game America used to play

But you agreed with him?

The economy is growing, but productivity has increased much less than wages
The problem is that it could be difficult or impossible to further increase productivity without reducing wages, because the Chinese economy is already at risk of overheating. They are probably inflating a huge housing bubble as we speak

Both sides are accountable. The Chinese aren’t children, stop pretending that they don’t have agency.

What happened to "Nike and Apple is paying the Chinese $1 an hour for manufacturing products and selling them at x100 the value"? It now shifted to "China is paying workers to slave wages" and then to "China is stealing our manufacturing jobs".

I literally don't hear "US is paying sweatshop wages" any more. You hear it all the time 10+ years ago. Did propaganda start shifting the blame from corporations to foreign nations?

Why is it always a canadian flag.

er, what is china accountable for exactly? some really rich dudes wanted to give them money and jobs and they are accountable to accepting that?

>They are probably inflating a huge housing bubble as we speak
No reason to believe in that, as there's no private property on China

why is it always an attempt to deflect to some superficial trait then to answer the fucking question and approach the conversation with substance?

I think china will learn on its state to push through it.
That's when shit will get bad poltically though. When china overtakes the US ecnomically but they are far less indipendant on each other's trade. That's when you'll see a cold war part 2

>They are probably inflating a huge housing bubble as we speak

Aren't they now utilizing those so called "ghost property"? They built them years ago so they can now be urbanized.

Answer him, or don't post at all

America could have outsourced jobs to countries that wouldn't have stolen american IP

What happened to the narrative of Nike and Apple operating sweatshops though? Why don't we hear it any more?