Comments by "Paul Aiello" (@paul1979uk2000) on "" video.

  1. The problem with exports of manufactured goods is that A.I. and robotics is on the horizon, then throw in security concerns on China, it's probably not a smart move for China to double down on exports at a time that they need to rebalance the economy to a mix economy that puts more focus on consumerism. To make it worse for China, as the economy developers, there cheap labour isn't what it used to be, other alternatives like India are popping up, and then we have A.I. and robotics that's going to reduce the cost of labour a lot over the coming decades, once you throw in security concerns that manufacturing can be brought home, that puts China in a difficult position unless they do major reforms to the economy, in other words, moving away from manufacturing to a mixed based economy. Either way, I suspect if China doesn't allow wages to rise, other countries around the world are likely going to use more protectionist measures on a sector by sector bases as they adapt overtime, with maybe the exception to green tech as there's an urgency for that tech, but a lot of other sectors are likely in the firing line as other countries will want to build their own manufacturing base because of the security base, and thanks to A.I. and robotics, that's going to become much easier to do whiles getting a lot of the same benefits of cheap labour. Basically, for any modern countries that want to move a lot more manufacturing back home, advancing robotics is likely the key.
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