Comments by "" (@craigkdillon) on "A new “world’s factory”? Vietnam economy benefits from trade wars and geopolitical tensions" video.

  1. US was the world's manufacturer in the 50's and 60's. This shifted to China in the last 20 to 30 years. I don't think there will be another country in that position again. Manufacturing will be spread around the world. The factories in China are moving to many countries -- Vietnam, India, Indonesia, back to the US, and Mexico. I have not heard it mentioned, but I would expect South American and African countries to get some of it, too. I think this is best. Putting the world's manufacturing in one country, makes the world vulnerable to events and problems in that country.
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  2. @_____ Agreed. Good points. The ASEAN nations have leg up, that is for sure. However, I still would not be surprised that Africa and South America get a bit of it. South America is close to the US market. Columbia, especially could be a good candidate. In Africa, some nations are stable, and I believe could be good places. Ghana Is good, and Kenya, I think. The Saharan nations are horrible. Definitely agree with you on that.
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  3. @_____ You are very correct. SA countries got their independence only about 20 years after US was founded with its Constitution. Yet, look at how far behind they are. I was just speaking of potential. Manufacturers are looking for new homes. SA has the advantage of being close to the American market. In the past, garments were imported from Columbia, for instance. I remain hopeful for South America. But, not optimistic.
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  4. @_____ Agreed. The real question, though, is why?? Why is it so difficult to change? Japan changed itself -- why could they do it? The ASEAN nations are all inheritors of autocratic governments and culture. Yet, they are able to adapt to the global system. I would think that one or two of them could break from their past. But, nope. Venezuela should be the richest of them all. Yet, it is the most screwed up. Land locked Bolivia is better off. I think it goes beyond the political culture and to the culture itself. They hold themselves back, and then blame the United States for their problems and failures.
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