$2.25/hr to Build a $40,000 Vehicle by Wolf Richter • Sep 29, 2017 • 87 Comments Mexico’s wage repression scheme creates Nirvana for global automakers.
What Will Markets Do if Congress Pushes US into Default? And “Trump Nationalism” Faces the Globalist System by Wolf Richter • Sep 4, 2017 • 80 Comments Wolf Richter on “This Week in Money.”
This Will Whack US Auto Component Manufacturers by Wolf Richter • Jun 20, 2017 • 128 Comments New CEO Cuts Costs: Ford shifts production of compact car from Michigan and Mexico to China.
After Laying off Thousands, Boeing CEO Says Offshoring Work to China Won’t “Directly Harm” US Jobs by Wolf Richter • Jun 8, 2017 • 111 Comments “We know as we’re investing there, we’re also creating a competitor.”
This is Why World Trade is the Weakest Since 2009 by Wolf Richter • Feb 21, 2017 • 73 Comments Despite what you may think, it’s not due to protectionism.
Global Shipping Meltdown Mauls German Banks, Retail Investors, Taxpayers by Wolf Richter • Feb 10, 2017 • 21 Comments Germany holds 25% of global shipping loans as industry collapses.
World’s Largest Container Carrier “Unexpectedly” Has Big Loss in Crushed Industry. Now Trade War with China Looms by Wolf Richter • Feb 8, 2017 • 26 Comments It “would have a very negative effect on our business”: Maersk CEO
This Is How Out-Of-Whack US Trade Relationships Really Are by Wolf Richter • Feb 7, 2017 • 94 Comments After 25 years of apathy.
What the Heck Happened to Hanjin’s Ships and the Collapsed Freight Rates? by Wolf Richter • Jan 30, 2017 • 36 Comments Bankruptcy reveals “opaque ownership.” And freight rates surge.
This Mexican Company Could Make a Killing from Trump’s Policies by Don Quijones • Jan 27, 2017 • 51 Comments Business is Business.
