Electronics Reshoring Makes a U-Turn in 2017

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John Benito
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Stock Keeper
Fully Agree!
John Benito   8/8/2018 2:35:36 PM

It is a well known fact that economies of scale, will in the end dictate where Investors will place their money. People in the USA, forget, that if it was not for Sales in China General Motors would have not been able to survive and paid the USA Goverment back the loans they received. (Not the only case!) Most USA politicians from both side of the aisle have no Idea, the impact that some of their decisions have long term. Steve Jobs started working with Foxcomm in China, because he couldn't get enough engineers to establish the production facility in the USA. The long term problem for the USA is that less young people want to study engineering and related courses, because the future labor needs, may not be there. As an Australian, We have seen all of the above happen first hand. Our LABOUR governments (but really Both Sides) went ahead with reducing the Duties on imported vehicles. Bottom line all manufacturing operations from GM, Ford, Toyota , etc. Closed and therefore there is no opportunities for the young engineers graduating from Australian Universities.  For what is worth!! JB  

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