
Sina 🗝️⚡ 21st Capital|Apr 05, 2025 11:25
That we imported a lot of cheap goods from China was a positive for a long time
Equivalent to the Chinese discounting their products for the privilege of access to the US consumer
However too much of a good thing for a long time also brought addiction and causes second order ramifications:
- dependence on an adversary and
- loss of the industrial capacity
Lean and efficient supply chains are great.
Yet risky in the long run.
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