The problem may lie in China which is a communist state and disregards basic human rights. China is admitted to WTO in 2001 and runs economy on the model of 996 as mentioned here by a Shanghainese to suppress Chinese wages income and exportation price in the overseas markets destroying foreign private businesses by which China exported the disparity and corruption of the de facto communist system to other countries. Previously China robbed Chinese peasants with heavy agriculture tax without any personal allowance, an also very unfair economy system. As a result, great famine and Tiananmen Square democracy protest occurred respectively in late 1950s and 1989. The generations of parents don't have to face the expansion of China communist plague via WTO. Do you have the impression about why 2008 financial crises happened? Not just because of accounting fraud. Basic reason is that after China entry into WTO in 2001 exploited Americans' wages aren't able to afford too expensiv...
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