FT has had a few articles about it recently, here is one about a historical vote at the G20 summit. https://www.ft.com/content/dcefdf76-9bac-4b34-80c2-eab80b559...
It will make prices go high, which will spiral in a lot of things and will increase the cost of living in the present even more for the vulnerable part of the population of a country.
of course it can be the proper solution for the future but saying it is simple is a huge huge understatement of the political and economical will needed to make it happen.
Loves? Or driven to them by necessity?
The whole "China Shock" "bargain" for many was something like: you'll lose your jobs, status, and security; but "cheap Walmart items" should make your lowered circumstances more bearable.
The United States voted a shit-slinging gibbon in over anxiety of a minor COVID COL increase. (That he caused, but everyone has forgotten his role in it.)