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> The trend is just reverting to the mean. That's a lie. United States get 1M immigrants a year since 2000. There's over 37,000,000 legal immigrants in US. United States gets the creme of the crop from countries around the world. On the other hand, there were approximately 594,000 immigrants living in China in 2010, most from Asia. If you can live in US and make 300k-400k, you would do that in a heartbeat, vs living in China where the pollution could shorten you and your family's life, a brush with someone in CCP could destroy your life, no way to get the money you make in China out, no ownership of properties, censorship prevents you from doing research in the real internet, etc. Oh yeah, what do you think will happen to China after additional $400 billion tariffs, when XiJingPing dies, when the massive shadow debt ($12Trillion and counting) causes widespread defaults and 30% devaluation of yuan? |
I think China will be fine given that it can simply shut down exports to the US if Trump's tariff pettiness starts to sting. Where, precisely, do you think your phones and computers are manufactured?