Well this is why Trump is trying to get factories and production back., but doing it at the expense of the Europeans

After all, they are deindustrialising Germany, Europe's biggest and most important economy.b

They literally blew up their gas pipelines and forced them to buy American gas at higher prices.

So again, here you see merchantilsm.

China since Deng Xiaoping has literally pulled itself out of poverty into prosperity through almost one thing entirely: production.

It came at a human cost, a national cost, and also uses debt (keyenisan) but still, it succeeds because of production