Yeah, I totally remember him saying:
There's been 1 death so far in the US. The flu kills something like 50K people per flu season. People do seem to be overreacting
Funny how you bring up what Trump was tweeting when you were doing the same after he was getting serious ..Ironic, isn't it?
And yeah, China could have prevented it!
If they would have kept their word after SARS. Close the damn stinky markets! But that is what the CCP is doing, promising, and doing the opposite.
If they would have kept their word none of this shit would have ever happened!!!!!
And this is my last intervention about politics here, uou have your view about China and the West I have my own and 3 pages should have proved we won't be changing them.
At least economical we are on the same
page book.
Back to it:
Maybe. The number of illegal immigrants in the US (who are mostly from Mexico) is down ~7.5% since 2007. Migration from Mexico to the US has drastically declined in recent years in general. It all depends on the US labor market and economic conditions in Mexico. Increased border enforcement in recent years will probably continue pressuring those numbers down too.
Yep, how capital intensive an industry is would be a big determining factor. It's obvious any exodus from China would be limited, although that may be enough to affect their growth model.
Border control will probably keep people inside, and keep the workforce there..man...
This sounds really bad, really bad, it's like keeping them there so they could provide cheap labor, in reality, is the way things are but still, we all know it's happening, but it's still wrong.
Now I wanted to add something, about this workforce and industry shift...
In the long term the plan will not work in any country.
Let's take for example the eastern block.
People first moved factories to the first line, the Czech Republic, Hungary and then those become expensive. And they've moved them again then the border and even the poorest regions become too expensive.
If you're going to bring a car plant in a region it will require specialized force, not the packaging factory worker, those people ask for more money and are paid more to be kept, even in SE Asia it's the same. With that, you have higher wages, more purchasing power by a group, a rise in demand for products, a rise in prices, and thus pushing the lower-income employee's in a worse situation than before.
Nobody is going to work in a garment factory for 400 euros when they know Michelin is paying 1000 for the same hard work.
The more factories appear, demand, and offer a kick in, driving up wages and pushing industries that need unspecialized workers out of business.
The exodus to Mexico will be short-lived, that's why I'm betting on India and Bangladesh.
An insane reservoir of cheap workers for years to come, people that, as bad as it sounds, have no other option than a 300$ a month paycheck.
Sad, unfair, and everything else, but I think this is how things will go unless a huge breakthrough in robotics, which will not help them at all and even make things worse.
And as a conclusion to the first post fo the topic.
No, the US won't be getting back even 1% of its industry and manufacturing from China.