American Electronics: A Texas Sized Problem
By Peter Zeihan
There’s a few reasons people love manufacturing in Texas – it’s cheap, it follows American law and low tax rates.
Electronics manufacturing is something that Americans haven’t worried about in decades…they could just outsource it to East Asian countries. Now that these countries are facing headwinds in their economic systems, Americans will either have to make it themselves or kiss those shiny toys goodbye.
Image by Yinan Chen from Pixabay
