Quote from: avikz on July 31, 2018, 08:57:56 AM

Quote from: Hydrogen on July 31, 2018, 06:06:03 AM

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Should the U.S. stop importing from China?

That is a very good question.

I think the united states, russia and others have been shortsighted, focusing only on the short term in their business dealings with china. The basic business plan involving china is to setup a factory in china. Benefit from lower cost of labor to enable lower cost manufacturing of goods.

Unfortunately, the long term outlook involves china stealing all of the copyrighted and intellectual property utilized to produce high end goods. China can already produce their own counterfeit iphones and ipads having stolen patented technology from apple. The natural question there is whether or not apple has made itself obsolete by sharing much of its key technology with a country known for producing pirated goods and content.

It would seem that important technological advantages countries like the USA had over china are being sacrificed for a better short term profit.

That could be considered a bad business deal.

The business deal has already gone bad. It can only go worse now! When apple started producing iphone and other apple products, they have chosen a Chinese company named Foxconn to manufacture their products in China itself. The iphone that you use in USA today, is manufactured in China only and the contract is awarded to them by Apple only just for cheap labour and make maximum profit out of each unit. Still Iphone is the costliest phone in the world. Apple didn't become a near-trillion dollars country just like that!

Now compare about the cheap labour force that China can offer. An average labour in Chinese factories are paid less than $260 monthly for 11 hours shift and 6 days a week. A first world country can't beat that cost. So before you scream that Chinese people are stealing their technologies, think how the technologies are given to them!

What Trump is doing, he is inviting the third world war upon the world population. Take an example of the recent case with Iran! Who the hell USA is to put ban on a country when United Nations has chosen to stay silent. The biggest private oil refinery of China now declared to stop buying crude from USA and shift their business to Iran completely. Why do you think the world will let the USA overrule them on their own decisions. Bad days are coming for USA and if all these continues, its economy will again see a doomsday much harder to overcome!

Now officially at a trillion! Western countries wouldn't exist if they couldn't exploit Cheap Chinese Labor.

I think Trump has set out deliberately to dismantle the US, piece by piece. Just observe the look on his face when he says things like this. He's perfectly aware of the chaos he is reaping, and doesn't give a damn about it. This is the beginning of the end for the American Empire, just like Gorbachev was the beginning of the end of the Soviet Union. Both leaders were well aware of how they were destroying their countries.

Someone must have set them off to do this on purpose.