Episode 1724 • • 22:22 - 25:58
1724: Boomer Mode
Italian Leather Industry and Chinese Manufacturing Dominance
A personal anecdote from Florence describes how the traditional Italian leather industry has been disrupted by Chinese-run sweatshops using laser cutting. The hosts discuss the historical precedent of China flooding markets, dating back to the silk trade with Japan. They argue that modern consumerism is overly dependent on "cheap crap" from China.