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This has been a facts based wake up call, manufacturing was outsourced originally to bring third world countries out of poverty, what China has proved is that it is possible to do this.
What it also shows is that it can happen so quickly, that before you know it they are actually more first world than you and could actually buy you out.
You become more dependent on them than they are on you.
We have very much, within a 50 year timespan had a role reversal.
The problem is the media who are dependent on advertising money, naturally want to support those who pay for the advertising and those who advertise want to support who is making their product.
And as you see on the forum, many believe everything the media says.
The government's know exactly what the problem is and that is why Morrison has asked unions and business to come up with an answer.
To bring manufacturing back will mean a lot of compromise on both parties, profits, conditions, renumeration and dividends will all have to be in play, to achieve an outcome.
Interesting times.
Just my opinion.
What it also shows is that it can happen so quickly, that before you know it they are actually more first world than you and could actually buy you out.
You become more dependent on them than they are on you.
We have very much, within a 50 year timespan had a role reversal.
The problem is the media who are dependent on advertising money, naturally want to support those who pay for the advertising and those who advertise want to support who is making their product.
And as you see on the forum, many believe everything the media says.
The government's know exactly what the problem is and that is why Morrison has asked unions and business to come up with an answer.
To bring manufacturing back will mean a lot of compromise on both parties, profits, conditions, renumeration and dividends will all have to be in play, to achieve an outcome.
Interesting times.
Just my opinion.