Wednesday, January 25, 2017

could a tariff finally be the kick china needs to focus on internal production?

he puts the model down: offshore production and bring it back for a working class that can pay for it. sure: putting a tariff in is going to cost a lot of people a lot of money.....if they just abort the production. but, might the chinese find that a move towards fordism is in their interests? and, if so, might a tariff actually have the effect of finalizing the shift in global production that wolff has spoken of previously?

https://www.youtube.com/watch?v=2vO3h3Geh48