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How much do you think it costs to make a pair of Nike shoes in Asia?

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Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#361

Earlier quoted context omitted.

> What will be America’s competitive edge in that scenario? Comparative advantage means countries benefit from specializing in producing goods or services where they have the lowest relative opportunity cost - not necessarily where they're the best overall. Even if China focuses on technology (and this is far from decided), America can still thrive by specializing in other areas where its relative efficiency or uniqu…

India does well on software development partly on a volume basis. Their top end developers often want to move abroad for career development and earning potential. I would not be surprised if potus put tariffs on H1Bs

Wouldn't this just be income tax?

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#362

I hope the elites of US are not thinking about moving shoe-making back to the US because it doesn't make sense. I'm sure (I hope, actually) that some policymakers, or some researchers, have done some conclusive researches about -- give X years into the future, and let's see we do not want to disrupt the current social-economic reality too much (no revolution, no major wealth re-distribution, no world wars, etc.), whi…

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Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#363
post #280
post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

I think it's pretty clear what Trump's long-term solution is with unobtainable economic goals on China and strategic outreach to Russia — He wants to turn that 4x into 1x via hot war before the Xi's 2027 military goals are reached.

I’m no Trump fan but I think it’s a bit of an exaggeration to say he wants to genocide a billion Chinese people…

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#364

I hope the elites of US are not thinking about moving shoe-making back to the US because it doesn't make sense. I'm sure (I hope, actually) that some policymakers, or some researchers, have done some conclusive researches about -- give X years into the future, and let's see we do not want to disrupt the current social-economic reality too much (no revolution, no major wealth re-distribution, no world wars, etc.), whi…

The opinions of "elites" simply don't matter. There's only one guy who matters when it comes to policy now. And he's not known for his thinking abilities

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#365

Earlier quoted context omitted.

Freedom of Expression is part of the Human Rights Act 1998. It's not the Labour party that's campaigning to repeal this act.

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Except since no parliament can bind a future parliament it won't be worth the paper it's written on.

The loudest voices calling for a scrap are exactly the people you DON'T want deciding what human rights you'll be "allowed".

And incitement to violence is, and always should be, unprotected speech - your silly "two tier kier" is informing me greatly that you're on the "they locked them up for hurty words!" bandwagon.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#366

Earlier quoted context omitted.

Train tickets sure, for the high speed rail, but metro? Not in Shanghai at least

Metro ticket machines in Beijing won't sell a ticket until you've scanned an identity card. Tourists must wait at the ticket window. Foreigners aren't usually asked to show the passport unless they look Chinese.

No need to wait at no window. After you activate Alipay, just click on "Transport" and create a metro card for Beijing. Scan code on enter, scan on exit, pay the sweet low fare automatically. One app, 30+ cities.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#367
post #263

Earlier quoted context omitted.

> Their population is declining, ... This can not be overstated. China is on the verge of the largest population collapse in human history. By 2080 China's population will drop by 600 million. If that trend continues, by 2150 China's population will drop to 280 million. Other asian countries such as South Korea and Japan are on a similar trajectory.

Why would that trend continue for 100 years? No reason to believe that.

Because women are obligated to work 40 hours every week just to stay afloat. Unless you find a way for young educated family to live a decent life on a single husband's income, the trend will continue.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#369
post #151

Earlier quoted context omitted.

Something like a grant from the government to work on your project of interest with no expectation that it be commercially successful. You want to be an artist the government gives you a grant to support yourself while contributing to the cultural lexicon. Scarecity is manufactured today for profit and not real; nobody needs to work at a 7/11 but they are essentially trapped into those sorts of jobs because they are…

Why on Earth would taxpayers give their hard earned money to other people to work on their "projects of interest"? Scarcity is very real, I'm not sure why you would feel otherwise. Fortunately, we have largely eliminated scarcity of the necessities of life due to economic policies that are as far from your suggestions as possible, but that doesn't mean that they are produced at no cost or that scarcity in general doe…

Maybe it is more meaningful for people to be creative than it is to staff yet another sheetz on the side of the road because truckers tend to piss and need smokes at that intersection. But who knows maybe you are right and it is better we take on jobs at a local gas station if we have such a wonderful opportunity like that in front of us. So much innovation is produced as we know from people who have the opportunity to work 60 hour weeks on minimum wages between two jobs that won't schedule them full time and incur any potential added worker benefits from having a full time vs part time laborer. You are right.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#370

Earlier quoted context omitted.

I think it could have been a great help to the UK.

Yes, a small majority agreed. But that isn’t what I asked.

This is the problem - brexit meant something different to everyone who voted for it ... and the reality was never going to match up because we have binding agreements like the GFA which meant Northern Ireland was always going to have to be treated differently than mainland UK.
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