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Why is the west melting over Chinese "overproduction"?
Posted on 5/7/24 at 8:42 am
Posted on 5/7/24 at 8:42 am
I've seen this headline a few times in the last week and don't really understand what this is. What's wrong with flexing your industrial muscle and putting out lots of product? Do we not like free markets anymore?
Bloomberg.
quote:
China Condemns US’s Overcapacity Claim Just Before Blinken Visit
Bloomberg.
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Posted on 5/7/24 at 8:43 am to Bunk Moreland
quote:
Do we not like free markets anymore?
Is state-run companies flooding the market with cheap unregulated shite the free market?
Posted on 5/7/24 at 8:49 am to Bunk Moreland
Free markets are always tempered against the reality of the rules they follow.
You can’t have a free market if the sides aren’t even playing the same game
You can’t have a free market if the sides aren’t even playing the same game
Posted on 5/7/24 at 8:50 am to Bunk Moreland
Glut the Market.
Buffet sold a huge chunk of his Apple stock , what does he know?
All this affects the stock market , in a negative way.
Can't have those dividends being cut in this type of economic climate.
Oh neaux !
Buffet sold a huge chunk of his Apple stock , what does he know?
All this affects the stock market , in a negative way.
Can't have those dividends being cut in this type of economic climate.
Oh neaux !
Posted on 5/7/24 at 11:15 am to Bunk Moreland
quote:
Do we not like free markets anymore?
Not at the expense of the American economy and national defense.
Posted on 5/7/24 at 11:18 am to Bunk Moreland
Free markets have never existed
Posted on 5/7/24 at 11:20 am to Bunk Moreland
Pump and dump is a form of market manipulation.
It may be totally legal however.
It may be totally legal however.
Posted on 5/7/24 at 11:39 am to Bunk Moreland
Petit Trois is a great restaurant in Los Angeles
Posted on 5/7/24 at 11:48 am to Bunk Moreland
Chinese overproduction is hurting their economy. They have 1,000s of EVs rotting in vacant fields. They have 100s of large buildings that will never be occupied.
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