Comments by "" (@craigkdillon) on "China’s high producer prices and America’s high consumer prices" video.
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No its not.
Many may come from China, but that can change quickly.
If you go back to 1970, the Great Lakes states in the US was the world's manufacturing center. This is where watches, irons, TVs, radios, cars, clothes, shoes, drugs, and so much else was produced.
Then it all moved to China, and the rust belt was formed. Our cities were hollowed out by their missing factories.
It will happen to China.
It is happening, as Samsung, Toshiba, Apple, and so many others move out.
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