Frankly, the next new giant in manufacturing will be the USA because we are the sole land mass with a labor and financial market that has the capability to sustain long term manufacturing gains.
The reason is becuse we have a more diversified finance and labor force that can act together to produce results.
China, Vietnam, Morroco, Brazil, India, Russia and any number of other 2nd and 3rd world countries do not have the leadership and educated labor force to do what we can do.
Italy, Germany, France, Japan and Spain can do what we do but they are not coordinated in their manufacturing sectors to even compete with us in entire marketing and manufacturing aspects, furthemore, they have land mass and population limits along with restrictive social programs that prohibit and limit their abilities effectiveness.
There is a note of concern for the US and that is if we become more socialistic and more concerned with protecting financial assets of large corporations, then we will fail in my prediction.
Failure of businesses is a natural process, along with unemployment and the ills that are prevalent in such situatios.
China, Russia,India might be able to out do the USA but only if we continue to supply all the ideas and machinery to do so.
The less we enrich the 2nd and 3rd world countries, the better off we will be in the pursuit of life, liberty and happiness.
Comment Wall (1 comment)
You need to be a member of ManufacturingCenter.org to add comments!
Join ManufacturingCenter.org
The reason is becuse we have a more diversified finance and labor force that can act together to produce results.
China, Vietnam, Morroco, Brazil, India, Russia and any number of other 2nd and 3rd world countries do not have the leadership and educated labor force to do what we can do.
Italy, Germany, France, Japan and Spain can do what we do but they are not coordinated in their manufacturing sectors to even compete with us in entire marketing and manufacturing aspects, furthemore, they have land mass and population limits along with restrictive social programs that prohibit and limit their abilities effectiveness.
There is a note of concern for the US and that is if we become more socialistic and more concerned with protecting financial assets of large corporations, then we will fail in my prediction.
Failure of businesses is a natural process, along with unemployment and the ills that are prevalent in such situatios.
China, Russia,India might be able to out do the USA but only if we continue to supply all the ideas and machinery to do so.
The less we enrich the 2nd and 3rd world countries, the better off we will be in the pursuit of life, liberty and happiness.