The effects of restrictions on shipping in the Red Sea and Panama Canal are being felt around the world. Global trade is under immense strain amid rising freight costs.
I can agree that finances drive our choices, but it is a bit insane to say the only solution is to keep the global trade going and only buy from China. Surely it is possible to produce locally and pay people fair money (per European lifestyle) while not going bankrupt, otherwise, how does it even make sense to assume China (and other Asian countries) will just keep producing items for cheap?
I can agree that finances drive our choices, but it is a bit insane to say the only solution is to keep the global trade going and only buy from China. Surely it is possible to produce locally and pay people fair money (per European lifestyle) while not going bankrupt, otherwise, how does it even make sense to assume China (and other Asian countries) will just keep producing items for cheap?