[lewislynn]

Why is this the case?

Government subsidies and monetary manipulation.

Loaded containers arrive here and return empty. Even everything we "recycle" is shipped to China to be recycled THERE.

Government regulations at every level of government is our real killer...Not only taxes, not only labor.

OH and our real economic killer is pensions, (not SS) but ALL government and even private pensions.

[Alberta's Child]

Those are all factors, but the biggest one is that for more and more industries, Asia has more customers than anywhere else in the world.

If I'm in the business of manufacturing iPhones and selling them all over the world, would I better off locating my plant close to 400 million customers in North American or 3-4 billion customers in Asia?