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China

(drewdevault.com)
847 points kick | 1 comments | | HN request time: 0.443s | source
1. awinder ◴[] No.21585772[source]
"The United States would be unable to buy $155B worth of electronics, which we already have domestic manufacturing capabilities for4

4: https://www.lg.com/us/press-release/lg-electronics-to-build-...

4: http://download.intel.com/newsroom/kits/22nm/pdfs/Global-Int...

This is a truly perplexing argument, especially the sourcing to "make" the argument. Ones an article about a single factory that LG opened for washing machines in the US, the other that Intel has chip manufacturing plants in the US. This does not make the argument that America has the resources, both human and raw materials, to pull off a China manufacturing pull-out.

A lot of the article, especially the parts on who gets rich off this arrangement and the human rights components are very much on point. But making it out like a China manufacturing break would just be simply accomplished because LG makes some washing machines here is pretty ridiculous. It would be very difficult, and it would require a lot of government assistance & policy encouragements to develop people, acquire access to rare earth minerals, and lay out vast sums of upstart capital to get factories built. It would take time. Making it out like it's a simple fix is convenient and simple, but like most complex things that are made out to be simple & convenient, it's just flat-out wrong.