“Soaring factory prices in China add to global inflation fears”

Jun 15, 2021 | Economy

Here’s the real inflation stranger-danger. Didn’t it all seem great, when companies were halving their manufacturing costs by having everything made in China. Now we (and half of the rest of the world) can’t make anything anymore and they’ve got us over the proverbial. If they say they’re going to double their prices, what can we do? Build more factories? Find workers happy with less than China’s average of £2.53 per hour average factory wage? I don’t think so. Life’s about to get a tad more expensive, I fear.

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“Donald Trump is winning. Business, beware”

“Donald Trump is winning. Business, beware”

There’s a perception that whatever might be the consequences for the rest of the world, Trump as President should be good for business. Surely, as a business man himself, he’d be the friend of Corporate America, and everything, money-making-wise, went pretty well last time around didn’t it?