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re: Deindustrialization - Have We Become a Poor Country?

Posted on 12/10/23 at 5:11 pm to
Posted by NOLAVOL16
Member since Jan 2022
873 posts
Posted on 12/10/23 at 5:11 pm to
A service economy is what we used to make fun of the Chinese for. A bunch of people doing each others dry cleaning. It’s all smoke and mirrors unless you are turning raw materials into actual things.
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
34972 posts
Posted on 12/10/23 at 5:37 pm to
Bingo
Posted by Lima Whiskey
Member since Apr 2013
19528 posts
Posted on 12/10/23 at 6:31 pm to
100%
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425081 posts
Posted on 12/10/23 at 6:37 pm to
quote:

A service economy is what we used to make fun of the Chinese for. A bunch of people doing each others dry cleaning.

Who did this? When?

China has never had a service economy and is trying to develop their economy from a manufacturing economy to a service economy

quote:

It’s all smoke and mirrors unless you are turning raw materials into actual things.

Why do you think we aren't?

How many countries do you think produce more manufacturing output than the US?
This post was edited on 12/10/23 at 6:38 pm
Posted by crazy4lsu
Member since May 2005
36430 posts
Posted on 12/10/23 at 8:34 pm to
quote:

A service economy is what we used to make fun of the Chinese for.


What? When did China have a service economy?

quote:

It’s all smoke and mirrors unless you are turning raw materials into actual things.


Just an antiquated, retarded way of thinking.
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