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Trade: Realities and Fallout

messy,
clothing was first outsourced to china. now it it too expensive there and moved to vietnam & philippines. it takes a few stiching machines and big sylos as fixed investments, the rest is easy.

what is more alarming is the inadvertently lost ability to produce electronics, light machinery, automobiles etc. the country simply lacks any engineering brainpower(everone wants to be an actor/realtor/lawyer). and those industries on top of that are capital intensive.