New Class Rising with Hector J. Mises

059: Is the Rise of China Killing the American Middle Class?

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Overy time you buy a Chinese-made product you are destroying an American job. #NewClassRising [TweetThis]

It's that time of the year! The Christmas and Holidays shopping season is in full effect and people all over the country are out to the stores to get the best deals possible for gifts to put under their Christmas tree. 

But what does to mean for America when it's people are out trying to score the cheapest deals on products that are all made in China?  Does buying Chinese-made products mean anything for the middle class? Does the action of buying Chinese-made products take jobs away from America's middle class?

Furthermore, what can we learn as entrepreneurs from American companies like Uber and Air BnB that have disrupted their own respective industries.

If buying Chinese-made products really does hurt our local economy, what can we as entrepreneurs do to disrupt this trend? #NewClassRising [TweetThis] 

 

Show Highlights

  • My take on the "Death by China" documentary by Peter Navarro
  • How American jobs started being exported to China.
  • Why jobs exported to China are so attractive for American consumers, yet hurt them at the same time.
  • How companies like Uber and Air BnB disrupted their markets and what can Entrepreneurs do to disrupt this trend?
  • Death by China - Documentary webpage

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    Hit Me Up

    Follow-me: @Hector_Avellan

    Blog: http://NewClassRising.com

     

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    New Class Rising with Hector J. MisesBy Business and Economics Discussions w/ Guests like Anthony Tran, Fabian Calv