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by JKCalhoun
1488 days ago
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It's possible, however sad, that there are societal stages where China is in a stage we saw in early Americana when farmers were often the "techies" that kept engines and equipment functioning. They had tools and learned from doing, repairing, making. But as we went from farm to factory and our wages got us a higher standard of living, we preferred to buy new things rather than keep old things working. If China follows the path of the U.S., Japan, Korea, they too will grow a middle class that no longer want to work for low wages in factories and will look for cheaper labor elsewhere in the world to meet the needs of their growing consumption. Just my armchair observations. |
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