Comments by "Andy Monaghan" (@229andymon) on "Walter Masterson" channel.

  1. The young guy with the glasses is very wrong to “explain” low Chinese prices as the result (only) of low wages. There are many more factors determining Chinese competitiveness. Usually the entire manufacturing process is more efficient and cheaper to manufacturers. Blaming the guy on the shop floor for western uncompetitiveness is a typical western media ploy he’s fallen for.
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