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RE: Daily Crypto Markets Live Blog: Bitcoin Inching Towards $40K (02/01/21)

in LeoFinance3 years ago

or maybe people are realizing they don't need all that trash stuff that comes out of China lol Legit the stuff exported is 90% of it is trinkets and not really necessities. I have a feeling people got a big reality check over the last two years and started to smarten up with their paychecks. Who knows though. At least that's the general feeling I'm getting.

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At least that's the general feeling I'm getting.

The feeling is mutual and I think you're right.

People have learned the hard way through the pandemic lockdown.

There's no essence in getting what you don't need anymore, immediate needs are the only priority these days.

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Legit the stuff exported is 90% of it is trinkets and not really necessities.

Actually China manufacturers a lot of what the US needs. That why the unwinding of the relationship is so difficult.

You would realize how most of what is needed is actually from China. A lot of drugs, for example, are made there. If you look at most of your office equipment, about a $100 billion a year industry in the US, it mostly comes from there.

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but is there really a need for offices anymore. Dugs on the other hand that's a strange one but yeah I'm not sure exactly what comes out of there. I just know a lot of crap stuff comes from there as well lol mugs, merch, clothing stuff like that