Those countries stupid enough to let their manufacturing
industries go bust because of unfair protectionist measures in China
etc. are now begiining to suffer.
Maggie Thatcher let the British car, textiles , ****p building
, coal etc. all collapse, and was saved by oil , now running out.
Service industries insurance , banking , can easily be
duplicated in the third world , and so these are now collapsing in the
west.
The answer is to give 100% write offs for investment in high
tech and manufacturing
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