11–20 of 464 posts
However that doesn't mean we should abandon global trade or the movement of people. Isolationism isn't the lesson we should be learning from this whole mess.
Actually this pandemic has shown some true colors of many nations. 1) US trying to unsuccessfully hoard supplies, issues with the German testing company 2) China trying to use soft power, but the whole drama feels fake. It is good that they are sending supplies (often faulty and not up to the quality, see dutch story around this) but it doesn't feel genuine. 3) European countries are in-fighting for supplies. Switzer…
At the very least, medical supplies and drugs manufacturing will get pulled back into each country. The 3M spat between Canada and the US makes it abundantly clear that in a time of true crisis, you can't even trust your closest friends when something terrifying happens to the world like this pandemic. Whether it means all manufacturing will move away from China or if it means that they will spread it globally, is an…
Actually this pandemic has shown some true colors of many nations. 1) US trying to unsuccessfully hoard supplies, issues with the German testing company 2) China trying to use soft power, but the whole drama feels fake. It is good that they are sending supplies (often faulty and not up to the quality, see dutch story around this) but it doesn't feel genuine. 3) European countries are in-fighting for supplies. Switzer…
It's interesting to me that you find this surprising or view it as bad behavior.
So Japanese companies move operations to China because it's cheaper, leaving Japanese jobs behinds. Those businesses profit from cheap labor, emissions, and materials. Now Japan is subsidizing their return to Japan with $2.2 billion. I really hope the US doesn't adopt this (narrator: they will). It's a slap in the face to tax payers.
At the very least, medical supplies and drugs manufacturing will get pulled back into each country. The 3M spat between Canada and the US makes it abundantly clear that in a time of true crisis, you can't even trust your closest friends when something terrifying happens to the world like this pandemic. Whether it means all manufacturing will move away from China or if it means that they will spread it globally, is an…
Actually this pandemic has shown some true colors of many nations. 1) US trying to unsuccessfully hoard supplies, issues with the German testing company 2) China trying to use soft power, but the whole drama feels fake. It is good that they are sending supplies (often faulty and not up to the quality, see dutch story around this) but it doesn't feel genuine. 3) European countries are in-fighting for supplies. Switzer…
I personally enjoyed the hypocrisy of China initially requesting Nations to not "overreact" and close borders to its travelers (mid February), then proceeding to do exactly this towards these same nations (mid March) when things became worse overseas.
So Japanese companies move operations to China because it's cheaper, leaving Japanese jobs behinds. Those businesses profit from cheap labor, emissions, and materials. Now Japan is subsidizing their return to Japan with $2.2 billion. I really hope the US doesn't adopt this (narrator: they will). It's a slap in the face to tax payers.
And 2.2B is surely not enough to persuade firms anyway on national scale, might work on targeted industry however.
So Japanese companies move operations to China because it's cheaper, leaving Japanese jobs behinds. Those businesses profit from cheap labor, emissions, and materials. Now Japan is subsidizing their return to Japan with $2.2 billion. I really hope the US doesn't adopt this (narrator: they will). It's a slap in the face to tax payers.