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Re:SemiAnalysis: America Is Missing the New Labor Economy – ... by downrightmike on Tuesday March 11, 2025 @10:59PM (#43339534)
Sadly, they really need to start consuming 100x what they are currently to even have a shot
Re:SemiAnalysis: America Is Missing the New Labor Economy – ... by t-3 on Wednesday March 12, 2025 @03:31AM (#43340695)
That would make American businesses very happy, but what would be so good for China? There's a reason they made the decision to artificially suppress domestic consumption in favor of building a strong manufacturing base and export-focused economy, and it seems to be working well for them.
Re:SemiAnalysis: America Is Missing the New Labor Economy – ... by echelon on Wednesday March 12, 2025 @03:33AM (#43340709)
It looks like China is quickly becoming a domestic consumer economy.

Look at BYD sales and Ne Zha 2.

Their gaming industry and entertainment industries are starting to pull ahead of the US.

Re:SemiAnalysis: America Is Missing the New Labor Economy – ... by consteval on Wednesday March 12, 2025 @02:29PM (#43346245)
Hyper-consumerism took off in the US because it’s a false economic indicator. It makes lines go up, but doesn’t materially improve anyone’s lives.

We’re seeing the effects of ~70 years of hyper-consumerist behavior. It worked for a while, but now the costs have accumulated. There’s shit everywhere, and everything either breaks or is poison. Or both.