Governments have enabled the greed though. Give them an inch and they will take a mile.
There was a reason why once everything from electronics to motors to boardgames to white goods, you name it, used to be made here; it was too expensive to import them and sell them here. Foreign companies would open factories and make it here, or use a licensed factory here. They didn't want to miss out on the market.
This has been slowly chipped away with tax and tariff reduction, shipping companies licensing in the worst third world holes they can find, and other general bastardry. Once these rules are gone, Businesses do what Businesses do.
Do you blame the dog for pissing on a lamp post? No, the dog is doing what the dog naturally does.
The same with business. Businesses are there to make as much money as they can, only now that CEOs have no pride or 'ownership' in the companies they often run (being shipped in and out of different companies) they take a short term profit over longer term outlook. I don't even blame businesses for their stupidity, only that they operate within the framework they are given. And that is what they have done.
If the parent (government) allows the children to do whatever they want, then that is what they will do, regardless of the long term cost to the household (country). Witness todays world situation.
Now, contrast this with China. Try, as an Australian company over here, getting your finished goods into China and selling any. Good luck to you.
Only through Australian based Chinese concerns can products get in without getting smashed for taxes, tariffs and 'inspection duties'. As well as time sitting around on their docks for further 'inspection'.
Japan used to do the same thing.
I won't even go into currency manipulation and the hundreds of other laws required to get your products into China. But thats ok according to governments and western businesses.
Think about it.
Last edited by Sapper; 15/05/20 12:29 PM.
