There’s already car manufacturing in Mexico, it’s not like it’s unprecedented. Obviously they can’t do it overnight, but it’s not unheard of.
MargotRobbie@lemmy.world 1 year ago
Well, who’s going to move all the existing tooling to factory sites in Mexico then? Where are they even going to find good factory sites in Mexico with access to good transportation (ports and rails) and skilled labor force on such short notice?
Moving manufacturing is a major undertaking for any company, of course, I don’t expect someone like Jim Kramer to know that.
jonne@infosec.pub 1 year ago
MargotRobbie@lemmy.world 1 year ago
Of course, but the thing is, it’s been decades since NAFTA, and all the good sites for manufacturing has all been taken by someone already. So, if they try to move now, not only will they have to build the factory, they’ll have to also build power stations/railways/port expansions, which could take multiple years.
OberonSwanson@sh.itjust.works 1 year ago
Of course Jim Kramer doesn’t know, he’s a doorknob humping shill. 😂
MargotRobbie@lemmy.world 1 year ago
Pretty weird that I know more about this than Kramer.
Maybe I should do a show where I say dumb things and give bad stock advices. Seems pretty easy.
OberonSwanson@sh.itjust.works 1 year ago
Not really shocking, I’m pretty sure the aforementioned doorknob, could give more insightful investment information than Kramer lol.
Unfortunate that neither of us has an in, to get his job.
MargotRobbie@lemmy.world 1 year ago
Well, one of us did make a cameo on “The Big Short”, so…