TechFlow, May 19 — According to Jinshi Data, Eric Peters, Chief Strategy Officer at One River Asset Management, pointed out that American global dominance is built on four pillars, but its "underlying logic" lies in the long-term suppression of labor rights. Peters believes this is precisely why Trump's manufacturing reshoring plan is destined to fail—the vested interest groups will not allow changes to the status quo of cheap labor markets and lax capital regulation.
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