There never was any benefit for the middle class,consumers and taxpayers from globalization. It’s bankrupted the treasury, destroyed entire communities, caused huge unemployment and a loss of manufacturing know how.
the so-called “china benefit” is now history.
the chinese laborers are demanding higher wages these days....china will cease to be, and in some cases, already has ceased to be..the low cost manufacturer for many things that they previously owned the markets on. since the chinese government censors all communication to the rest of the planet, you dont hear about the unrest among the unwashed masses over there...
the new low cost supplier...india
watch for more and more stuff to be imported from india..