[coliveira]

The US has since the 80s adopted an economic strategy that favors financial investments instead of industrial production - for example, very low taxes are charged for financial investments. The advantage of this is that financial investments give higher returns. The disadvantage is that such investments are detrimental to industrial production, as capital will try to relocate industry to places where production is cheaper and concentrate only on the financial engineering of the business. This is effectively what happened, since there is no advantage for American capital to start producing things when investors can just put their money in other places for higher returns. This affects even companies such as Apple, which is not at all concerned with finance. As a result of such policies there will be with very little industry left in the US (other than the essencial that cannot be relocated) and production will continue going to other places -- and those places are in Asia.