News for hackers. Stuff that matters.
Re:WTF Happened in 1971? (2019) by Zviedris on Monday November 23, 2020 @03:36PM (#25191472)
If shipping is cheap why does goods go from Chine to US not from US to China?

Would cheap energy lower land costs for a house or flat? Cheap energy would improve situation. But a lot of competition comes from productivity and wages. Low wages in Asia made possible to import goods cheaper from Asia rather than produce locally.

Re:WTF Happened in 1971? (2019) by thehappypm on Monday November 23, 2020 @04:59PM (#25192445)
Goods absolutely do flow from the US to China -- $100B worth in 2019.