The way that Intel fabs will be as good as TSMC ones is if Americans accept Taiwanese level hours, wages and working culture while taking orders from Taiwanese managers. I think we all know the probability of that.
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- Thread starter bd popeye
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What's the possible (if that's even available) option that can be realistically implemented to increase and encourage child rearing in both the developed and developing countries. It's an inconvenient fact to point out that the increased role and participation of women in the workforce have largely come at the expense of raising a family. Not to mention there's no ECON incentive under the current economic system that is capitalism that'll enable a family centric approach to this existential crisis.
If China does manage to stem the tide and find workable ways that increases their fertility rate we can be for certain that whatever methods China uses will be demonize to no end, only for these same damn countries to turn around and adopt them wholly. See industrial trade policy.
I am not going to argue against the smoking issue, but only the comparison of life expenctancy. China is a continental sized country with bigger population and diverse living conditions comparable to the whole Europe and US. Comparing China with countries like SK and Japan is like counting only 10% of Chinese population (the size of Japan) from the big cities. To put it in a bluntant way, countries are never equal in many ways, contexts and perspectives.
According to , in 2023 US is 79.3, Europe is 79.1, China is 78 which is close. If we consider China only reached this level of wealth and health care in the past 2 decades while US and Europe have been in where they are since WWII, China can be seen better.
That Life Expectancy actually uses UN projected data, not measured data.
All of their data shown is from some math model in their head and has nothing to do with reality.
Measured data from US CDC shows US life expectancy at 78.4 in 2023 (no 2024 data).
Measured data from China by NHC is 79 in 2024, an increase of 0.4 from 2023 (78.6 in 2023).
Smoke breaks do hinder productivity. A good majority of people that discover they have lung cancer at an earlier age < 80 will suddenly spend all their $$$ or insurance trying to save themselves from dying early.
So you have Trump shouting we want more factories to come back to the US.@BlackWindMnt and you know what bro? this economic adviser say it's good for us, what the FXXK did this guy eat for breakfast.
Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go on Thursday brushed off the impact of US President Donald Trump's imposition of 17% tariff on Philippine goods entering America, seeing it as a boon rather than a bane for the country's economic future.
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1 hour ago — Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go on Thursday brushed off the impact of US ...
Then you have this dude going full herp derp "well we only got 17% of tariffs so now American can build factories in the Philippines". No my low iq economic czars that goes against Trump's whole idea behind closing fortress US.
You are probably right.
US is already in a very bad situation. Trump's tariffs are meant to force manufacturers to move to the US to reduce its trade deficits and improve its manufacturing.
Even if the whole world mutually abolished tariffs and continue to trade in a normal way, US deficits will get even worse due to US infrastructures and basic economic. Then Trump will have to enact new laws to mitigate its deficits and pay its debts. He will force every country with trade surplus to buy equal amount or more of US goods. This will cause other countries to diversify and to trade more among themselves.
Those countries will slowly diminish their US trade. At best Trump will create a situation in which companies will have a two tier manufacturing process, one for US and one for the rest. Even country will get hurt but US not necessary get any better.
Interesting times ahead.
The comments section of this ytube video atleast some commenters say that it was the companies decision to transfer factories..
That's literally the same logic as legalizing drugs. It worked out so well for the West.
It's why at the end of the day China needs to completely upend the socioeconomic balance of power to eliminate such ideological hostiles, for as Shaka of the Zulus pointed out, "do not let an enemy escape, for they will only come back to fly at one's throat".