Why would companies want "low-education hoard of manual labors with no advanced ... | Hacker News

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		refurb on Aug 9, 2020 \| parent \| context \| favorite \| on: How Chinese Officials Hijacked My Company Why would companies want "low-education hoard of manual labors with no advanced industry"? There would be no way they could buy American products.

Ericson2314 on Aug 9, 2020 [–]

Because they can sell them to American consumers at high margin.

Companies have been neglecting the demand side for ages now. Increasing American household debt bought them some time, but isn't a very sustainable resource.

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