China is getting old and won't be a source of cheap labour and it's saying for most places apart from Africa and Mexico
They have young population and the United States of America is already outsource in its manufacturing to Mexico
Commodities will become more expensive if Nations start to reindustrialize and bring manufacturing to the home Nations
Rather than having that industry being done by a specialized nation in instead Nations will become jack of all trades
Which will lead Products or services to become much more expensive
With labour and manufacturing being outside the broad it's squeeze America's working classes
And the wager's went to people's working in the brain economy and in White collar jobs if manufacturing comes out
There'll be a high demand for blue collar workers and they will be a labor shortage which will lead to waging creases as well as inflation
In the 1920s and 1930s people that used to work in Henry Ford's assembly lines were paid the equivalent
Of today's web designers it's the power of the free market which helps to decide the value of a person's
One of the big issue for our generation is that they won't work blue collar jobs because they see the work as demeaning and as much less status
I have worked as an delivery driver, salesperson and in call centres I don't really find them rewarding experiences
That try for lots of people who have gone through the education system when they may have been better of learning a trade
My father and build fences, gates, do bricklaying as well as tiling but for me I don't have a clue how to do that
Because a lot of boomer fathers wanted their own children not to be blue colour workers which in reality may have hard their children professionally
That's a big issue facing the United States it that the boomer generation and generation X didn't want their children to be blue collar workers
But it's seen as low status