Originally posted by AtW
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Still is when the goods come from manufacturing in "best cost countries". In my experience many of the factories in the EU are being closed or heavily automated if good tax deals are offered. I have personally walked through huge factories across Europe and asked 'why so empty' the reply was frequently - 'oh that was the product X line its now manufactured in Africa/Mexico/Thailand (delete as appropriate), we still design it here'.
We need to understand these realities and adjust.
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