Actually most economies we help by buying goods cheap, eventually get richer and start buying off us. It's all our engineering, either sold or stolen, sans taxes and union rates. (It is amazing in small manufactured goods how little labour is factored in. Since the 50's most production lines in the US have a labour factor of not even 1% in a manufactured components.
Where we lose is in having to provide pensions benefits, work slowdowns, work to rule, and high cost of building plants in US. Regs, land, engineering, retooling,taxes all very expensive. Poor market research, poor distribution., worse advertising. Bad advertising is a big reason for the MAC not taking the a bigger chunk of the pie. Bad thinking on part of companies as to why Linux did not ascend more. It is a far simpler and more reliable networking and operating system. NO development tools, no manuals, no money path.
Probably the most valuable electronic store in NA is Tandy. If one could take them out of selling crap. In fact Tandy which is now some cheesy name made its most money in its small parts division. No selling computers, phones etc..
I will bet you heathkit could be revived. demographics point to it.
And idea I had was build your own car from a kit. that gets around the labor component smartly.
This is a truism that has legs 50 years long. Japan was an exception but in order to sell into our markets competitively they had to raise money at negative interest rates. This eventually trashed their currency. The long running stable countries with an educated population and a large domestic market always win out. You also need to have top notch market researchers to find out what people/B2B in foreign countries want. US is good at find this out. Right now it is oil drilling etc.. Canada is premier in that but not powerful. The US has aircraft carriers AND technology.
The western powers are running a tight roper semi-mercantilist economy but the power of the US dollar, long the medium of exchange is running out. How much longer can it last?
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