How much do you think it costs to make a pair of Nike shoes in Asia?

We need to anticipate a future where China is equal to America on a per capita basis, but four times bigger. Is that a world where “Designed by Apple in California, Made in China” still makes sense? What will be America’s competitive edge in that scenario?

What seems most likely to me in the future is that the US will find itself in the same position the UK is in now. Dominating finance and services won’t mean anything when both the IP and the physical products are being produced somewhere else.

The thing is .. there's a point here, but it's not at all tied in with physical products. People are obsessed with one side of the ledger while refusing to see the other. Most of the stuff the UK is struggling with (transport, healthcare, energy) are "state capacity" issues. Things where the state is unavoidably involved and having better, more decisive leadership and not getting bogged down in consultations, would make a big difference.

The UK stepped on its own rake because it was obsessed with tiny, already vanished industries like fishing. Fishing is less profitable for the whole UK than Warhammer. It's not actually where we want to be. While real UK manufacture successes (cars, aircraft, satellites, generators, all sorts of high-tech stuff) get completely ignored. Or bogged down in extra export red tape thanks to Brexit.

To improve reality, we have to start from reality, not whatever vision of the past propaganda "news" channels are blathering about.

Personally I don't 'agree' with brexit, but it's the reality that we're in. In typical british fashion we're trying to stay friends with the EU, even though they basically hate us, while also trying to do trade with the rest of the world. Predictably we can't really do much of 2 without 1 becoming a problem (and vice versa). However 1 is currently our biggest trading partner (as a bloc, US as a country) so what have we done? Sat in the middle not doing anything radical hoping we can be best friends with everyone.

Take this Eitas Visa for example, this is literally just sowing resentment towards the EU in the UK. It benefits nobody and is totally insane, it's just making people hate the EU. Same with not being able to use the digital passport machines at airports.. why?? We're a pretty secure country, we have digital passports. Brexit happens and now every time I go to Europe, which is a lot I've got a 50/50 chance of waiting 3 hours at the border for someone to stamp my passport while the digital gates have no queue. That means I now have to arrive 3 hours early every time just in case. If I bring a tool for work I need to spend weeks of paperwork on something called a carnet so I end up buying there and throwing out.

At the moment we're trying to give security backing for Ukraine and you're asking us to give up our fishing rights for the honour of helping secure Europe.

I get it, actions have consequences, but the thing is that only a minority voted for Brexit, most of us didn't. Each year you're disenfranchising a new generation of would be Europeans with this path. To me it's all dreadfully regrettable, the whole things a mess.

It's impossible for us to 'come to our senses' while we get treated like this in my view.