Why The First Republic Failure Is Different
Slate Money
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The Rise of Chinese Apps for Traveling
Gloria Borger: We have gone from a world where Amazon would source products from Chinese manufacturers and then sell them to Americans. She says the technology that connects Americans via apps like TMEU to low cost manufacturers in China is so sophisticated at this point, that goods just cost whatever they cost,. wherever you are in the world. "That kind of like, travelers arbitrage has completely disappeared," she said.
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