China Faces "Economic Reckoning" As COVID-19 Turns World Against Globalisation

Home Forums News & Current Events China Faces "Economic Reckoning" As COVID-19 Turns World Against Globalisation

This topic contains 4 replies, has 3 voices, and was last updated by  Crow Bar 1 month, 1 week ago.

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  • #28349

    Crow Bar
    Keymaster

    https://www.zerohedge.com/geopolitical/china-faces-economic-reckoning-covid-19-turns-world-against-globalisation

    Thing is, we have to, as a nation, also start demanding or voting with our wallets, for non-China made goods.

    While we are sure most of the products we buy are likely made in China, we have been doing everything we can to buy from our local small biz hardware store and avoid big box stores.

  • #28352

    Crow Bar
    Keymaster

    Internal Chinese report warns Beijing faces Tiananmen-like global backlash over virus–sources
    https://news.trust.org/item/20200504103349-xwxse

  • #28353

    Tolik
    Participant

    GOOD ! They need to be punished . The world needs to rethink a lot of things . It needs to be A LOT harder to travel internationally . Growing up in a boarder town , and being an older guy , I remember how insanely easy it was for people to go back and forth to Mexico , Fast forward to today …………its still too easy .

  • #28371

    namelus
    Participant

    It’s not China that has to rethink…. this is a wake up call for US to rethink how we do our purchasing and what we make locally. We need those “dirty discomfortable and dangerous jobs back.

     

    Globalization has helped make the billionaire while draining middle class to non existance. Time to tell them to cram the disposable plastic junk and make stuff worth having and repairing with the right to so. No more well its company secret tools so you can’t fix anything from a tractor to your car to you cell phone.

     

     

    If we make it through the famine time to end this get rich ogliarchy of globalization and back to the manufacturing jobs that made US great. Nothing leaves as raw material only after at least secondary processing and that does not mean freezing the fish or squaring off the log or drying the corn. It means gutted and processed fish, lumber 2×4 ply wood, corn meal and feed

    • #28378

      Crow Bar
      Keymaster

      @namelus,
      I agree.

      We need to stop expecting cheap stuff, made from China slave labor for everything.

      We need to demand products that we can fix or maintain ourselves.

      We need to vote with our wallets.
      Stop shopping at the big box stores and support the local small biz.

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