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Frank Schnittger:
The West" has given up on being competitive for manufactured goods

I think it would be more accurate to say that the West has given up on being competitive for manufactured consumer goods. For high-end industrial goods, whether machine tools, printing systems or commercial aircraft, the world still buys from the West (as seen in Germany's status year after year as the world's largest net exporting nation (as well as the largest exporter in absolute terms in some years).

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt št gmail dotcom) on Mon Oct 20th, 2008 at 02:44:19 PM EST
[ Parent ]
LEGO is either entirely or mostly produced in the West, so is playmobil.
You can wear Trigema cloths and Italian shoes, and of course a mostly local nutrition is available.

Yes, consumer electronic is not so much produced anymore in the west, but there are exceptions like AMD processors.
Especially the high quality consumer goods have often a major Western produced component.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Mon Oct 20th, 2008 at 03:37:07 PM EST
[ Parent ]
Indeed.

My experience with manufacturing has always been more investment than consumer goods, so that tends to skew my perspective.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt št gmail dotcom) on Mon Oct 20th, 2008 at 03:45:12 PM EST
[ Parent ]

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