You're a bit thick, ain't ya? That's the freakin' title of the article! Only Americans label people as Asian or Latino or African American or White. These label in fact mean nothing to the rest of the world. America became very wealthy when China opened up, because anyone who knew how was getting their products manufactured there at a fraction of what it cost to manufacture in the US. That's not going to change unless... This so called inflation is simply a way for corporations who manufacture in China to start padding their margins, so that if they have to move to a more costly manufacturing country (no, not the US) they have more flexibility to do so.
Both are American companies with Taiwanese CEOs. TSMC's founder, Taiwanese American Morris Chang, tried and failed to get his company started in Southern California so he returned to Taiwan where he created the world's first and largest foundry. Perhaps TheDawn thinks he is a traitor to America too.
America became very wealthy when China opened up? LOL Really? Last I heard, it was China who tried as hard as it could to join WTO to trade with everybody. So China opened up just to make America rich??? Well if that's the case, why doesn't China close up? After all China doesn't want to make the bad bad USA rich, does it? LOL USA is decoupling from China anyway so we will become poor. There, China will be happy to see that.
I wrote about this first in your thread: Why would I think he's a traitor? LOL He went back to Taiwan, not mainland China. Taiwan is not China. It's China who's at war with USA right now, not Taiwan. Taiwan,[II][k] officially the Republic of China (ROC),[l] is a country[27] in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. https://en.wikipedia.org/wiki/Taiwan. Just quoting from Wikipedia. Don't get all excited now.
Up until about 10 years ago, I supported China. Whites dominated the world for 500 years. Like other Asians, I too have faced racism. I felt it was time for Asians to lead. The Asian century had arrived. As an Asian male, I was proud of China's accomplishments. China was on the same road as Japan, South Korea, Taiwan, Hong Kong, and Singapore. Just on a massive scale. I was hoping China's economic liberalization would create a more democratic China. This has clearly not happened. It has become clear that China is a threat to the world, and especially to its neighbors. It seems that America has been committing suicide for the past 20 years with its left wing policies. It's hard to comprehend the choices America has been making. A country that can't even enforce law and order because it would be called "racist". I don't see how America will be able to fight a war with China in 20 years. This will have huge consequences for most of the world which depends on a strong America. I don't think people are prepared for a world which will be dominated by China. The Bible talks about the end times which precede Christ's return. Alot of things are happening right now: climate change, covid, possible nuclear war, possible Chinese domination. It seems to me the events foretold by the Bible are happening right before our eyes. The last 3 years have shown us anything can happen.
I don't think this is entirely accurate. It was China that became rich at the expense of the US. Had we not invested in China on a massive scale, they wouldn't be anywhere near where they are now. No doubt, this was in exchange of their cheap labor. BUT IT'S ONLY CHEAP IN COMPARISON TO OUR OWN LABOR COST. What they were paid is by no means cheap in China. It was enough to sustain, if not improve, their standard of living. The problem is China thinks they did all this on their own and haven't paid any tribute to the US for paving the road to affluence. Instead, they decided to bite the hand that fed them. So do we still need to maintain a good relationship with China? And, yes, I believe manufacturers should move out of China, even if it drives up inflation in the short term. We're just going back to how it used to be back in the 70s, when people actually didn't splurge on things they didn't need.