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Re:Poverty in Britain – Why are millions of Brits so broke? ... by raincom on Sunday July 23, 2023 @02:23PM (#36838150)
You don't need to manufacture anything if other countries can swap their manufactured goods with importer's sovereign currency and if importer's country can dole out money to everyone to cover healthcare, housing, and food. Of course, the second order effects such as housing inflation, healthcare inflation, etc, across that country.
Re:Poverty in Britain – Why are millions of Brits so broke? ... by psd1 on Sunday July 23, 2023 @04:08PM (#36839278)
Maybe, but the advantage of manufacturing over, say, financial services is that it creates working-class jobs.