Quote (ofthevoid @ May 14 2024 07:39am)
The free marketers need to settle down because ultimately the lens of why this is happening is beyond just free market/economics. The geopolitical/industry protection/anti-dumping angle supersedes free market dynamics, and I hope most at least try to think about it from that perspective.
correct china hasnt been a free market for a long time. playing by the rules versus cheaters isnt virtuous, it's a waste of time. and china still needs us more than we need them, producers always need consumers more even if it's a delicate balance. we're also far along the line of being able to do what they do at cost via automation. shipping is become increasingly a cost issue as well as lead time.