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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (4948)	3/25/2020 3:22:46 AM
From: elmatador	Respond to of 13796

Western companies farmed out most of the burden of operating the capitalist economy to China. Basically saying: Let the Chinese deal with the real economy and we deal with making money with money. Result: China industrialized. The West financialized. It is surprising that the status quo worked for so long. I thought the pendulum would have reverted sooner. But it didn't. Trump got elected and the US started looking into the over dependence of China. Covid-19 will give much more power to Trump's administration goals of reverting dependency on China Inc. Today's supply chains are too lean The COVID-19 pandemic has highlighted the dangers of just-in-time principles. supplychaindive.com