Re:Circuit Breaker Triggered in Japan for Stock Futures Trading
by danaris on Monday April 07, 2025 @07:18AM
(#43610027)
Sure, but most of that has nothing to do with the loss of manufacturing jobs. It has much more to do with the tremendous transfer of wealth from the bottom quintiles to the top, enabled by the gutting of unions, the destruction of regulations, and the abandonment of any kind of effective antitrust policy.
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Re:Circuit Breaker Triggered in Japan for Stock Futures Trading
by owebmaster on Tuesday April 08, 2025 @09:17AM
(#43621465)
> enabled by the gutting of unions, the destruction of regulations, and the abandonment of any kind of effective antitrust policy.
Isn't this what happened because companies moved their manufacturing to other countries?
Re:Circuit Breaker Triggered in Japan for Stock Futures Trading
by danaris on Tuesday April 08, 2025 @11:18AM
(#43622813)
Some, yes, but the cause and effect are somewhat blurred because both were happening over a long period of time. They each contributed to each other in a feedback loop, and I don't claim to be enough of a scholar of that period to know for sure which one started first.