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Why the West fears massive job losses because of China’s clean tech prowess
(www.channelnewsasia.com)
Everyone loves the free market until it works against them.
this post was submitted on 21 Jun 2024
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Agreed, I mean the west could offer great expat packages to attract talent, but I'm sure they will go with punative taxes instead.
Well when you outsource all your skilled jobs to other countries for a few decades, it shouldn't be a surprise that they will move ahead of your country in the skills needed to compete against you.
That quest for extreme short term profits at the expense of your own long term sustainability/survivability has come back to bite you in the ass. Congratulations corporate America, you've played yourself.
The west should step their game up instead of trying to contain the inevitable.
They already did this big boohoo in 2008, I don't even think people working in automotive are gonna buy this, considering they have massive layoffs every few years anyway.