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re: Do you think it is fair that Chinese automakers can use Mexico to ship cars tax free?
Posted on 3/19/24 at 10:00 am to RogerTheShrubber
Posted on 3/19/24 at 10:00 am to RogerTheShrubber
quote:
Ours is heavily subsidized.
And woke.
You are not wrong. But Chinese industry is literally the government. At least in the US business is not owned by the state albeit there are many industries in the US who enjoy government help through regulation and subsidies.
But there is a MASSIVE difference between being a state own business and a business that receives beneficial regulation and/or subsidies.
1
Posted on 3/19/24 at 10:07 am to GumboPot
quote:
But there is a MASSIVE difference between being a state own business and a business that receives beneficial regulation and/or subsidies.
Because our government diluted the money supply, prices are so high in this country we can no longer compete on a global scale.
The future is "more globalization" due to tech, not less.
We lost basic manufacturing, the current policies will destroy heavy industry too if we dont learn to compete on the field as it is.
Its our monetary policies that have led here. Lets fix them and make us more competitive.
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