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- Nov 21, 2010
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System Name | Miami |
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Processor | Ryzen 3800X |
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Keyboard | Corsair K95 Platinum |
Software | Windows 10 Pro |
Look 10 years down the road: China's middle class is going to want more compensation for the labor they do and the price of oil could easily be double what it is today because the primary Middle East suppliers won't be producing nearly as much as they are today. On top of that, USA offers security and stability that is lacking in southeast Asia not likely to improve over the next decade. These all combine to make automated manufacturing the USA attractive.
Companies around the world are refraining from putting all their eggs in one basket because slips in supply is as bad as slips in demand (lose buyers).
Let's also not forget that states will give crazy incentives to snag a large manufacturer setting up shop in their borders.
Heh
Middle-East learned, payed dearly and are still feeling the after effects of screwing with oil supply pricing. Gas prices tanked, demand went down as alternative fuel renewables gained traction, while demand was still strong many smaller players opened up shop to fill the void in supply created by the middle-east, as a result preventing them from simply opening up the taps again. Also forgot China is fiercely cutting back as it tries to fight pollution. With demand down, and markets oversaturated there is a large glut of fuel on the market.
Middle East can't really cut back anymore on fuel production unless their plan is to slowly exit.