China's idea of fair trade is government subsidies of its textile and apparel exports to the United States, currency manipulation, and forgiveness of loans by its government banks. ↗
I remember at the age of five travelling on a trolley car with my mother past a group of women on a picket line at a textile plant, seeing them being viciously beaten by security people. So that kind of thing stayed with me. ↗
To think that the new economy is over is like somebody in London in 1830 saying the entire industrial revolution is over because some textile manufacturers in Manchester went broke. ↗