It is quite clear to everybody it is a bubble and a lot of the AI stuff is sand-castle based or vapor based... At least those of us understanding what the current crop of AI does, and see the amounts of money being exchanged.

The issue is not seeing the bubble, the issue is that most of us (having zero investment and not much savings) have zero idea how to avoid the big crash. I see no way to avoid the crash. Best we can hope is cross finder whether we will lose our job or not.

My goodness, that's nearly a whole billion dollars a year in state subsidies. At least we can proudly say that GM has never taken a penny in state subsidies. Except for the 49.5bn in bailout (leading to an 11.5bn permanent taxpayer loss) plus state support for EV projects worth billions etc etc.

Yet more nonsense that's easily proven wrong with literal seconds of checking.

UECC and EMSA guidance both suggest SoC between 20 and 50%
https://www.uecc.com/media/152...
https://www.ecgassociation.eu/...

40% is a number you have plucked out of someone's arse. I don't know if you shoved your hand up your own arse or someone else's to find it, but you definitely got elbow deep in someone's colon to find that figure.

Wait... uou bought a solar system and you didn't realise it wouldn't provide as much power in the winter when it's not sunny, and you're mad at the sales person for not telling you? And you're prepared to admit all this in public?

Did it come as a terrible blow when you found out it didn't provide power at night, too?!

You people are so fucking endlessly ignorant.

Here's an explanation from the UK government of how it determines whether a good is being dumped. I will highlight in bold the parts that show I am right and you are wrong.

"Calculating a dumping margin
Dumping occurs when goods are imported into a country at a price that is below their normal value. A dumping margin is the difference between the export price and the normal value of the goods, described as a percentage of the export price.

When we undertake dumping investigations, we calculate dumping margins for each (sampled) exporter. We then use the dumping margin along with the injury margin to determine anti-dumping duty rates where they are needed.

Calculating an individual dumping margin involves the following stages:
calculating the normal value of the goods concerned
determining the export price of the goods concerned
ensuring a fair comparison between the normal value and the export price
establishing the price difference to calculate the dumping margins ...

Calculating the normal value
Calculating the normal value based on comparable price
Where possible, we will calculate the normal value of the goods concerned using the comparable price. This is the price of the like goods when sold in the ordinary course of trade in the domestic market of the exporting country.

https://www.gov.uk/government/...

Please stop being so fucking ignorant and try to learn something, for once. Please stop pretending that just because you'd like the world to work according to your narrative, that is in fact how it works. If you did that, you might learn that the Chinese state's industrial policy did indeed provide extensive support for the development of its EV sector, but was just the tiniest bit more sophisticated than cheap loans. I mean, that doesn't even accurately describe the direct financial support the state provided to the sector, which also included targeted subsidies, tax breaks, coordinated industrial planning and preferential financing among many other tools; nor does it capture that this was a decades-long play, not a one-off handout. More importantly, it completely ignores the fact that the real support from the state was enabling (through, eg, a sane planning policy that allowed factory construction) Chinese OEMs to build a vertically integrated and scaled battery and parts ecosystem focused on cost reductions as well as quality improvements available via local supplier clustering and process improvements.

Noone is asking you to like the Chinese state, least of all me. But if you don't acknowledge its efficacy, and keep on treating it as a bunch of incompetent imbeciles, you aren't ever going to beat it.

You're just yet another ignoramus.

Dumping, for those on Slashdot who are interested in actual economic and trade policy, is defined under WTO rules as being "where a company exports a product at a price lower than its "normal value" (usually the price it charges in its own home market)."

OEMs sell at prices in China that are *massively lower* than prices in export markets. One of the main complaints from consumers who are interested in buying EVs in, say, the UK or Germany, is that the same car they can buy in their countries is on sale at much lower prices in China.

That's the exact opposite of dumping, you muppet.

As I’ve said before, the story of cars in the last year and the next few years is going to be one of the US cutting itself off from the rest of the world through a series of policy choices that mean its automakers rely on a market with a scale of 15m a year while other manufacturers compete in a market with a scale of 60m a year for those without access to the US and 75m a year for those with access. That diseconomy of scale and the batshit attempt to push water uphill by trying to stop electrification is going to mean Americans have a small range of shitty choices for their car purchases compared to everyone else. Smelly, noisy, oversized, poor build quality, poor tech, data slurping, etc it’s going to be a cut-off market like Cuba.

While what you write is true, that’s *not* the most striking gap in the US auto market. The most striking gap is the complete absence of the A and B segments: superminis are an absolute mainstay in other markets. For eight years, I drove a succession of Renault Zoes, a car measuring 4.09m by 1.78m (161in by 68in). We had Zoes as a family of four till my oldest kid was 16. Having a supermini as a family car is completely unremarkable in the UK and across Europe, but would be considered completely unworkable in the US.

This is just such an astonishing level of cope. The Chinese are “dumping” these EVs in the same way they “dump” smartphones, ie they’re selling them in global markets and everyone outside the US is buying them.

Are you really that stupid that you think it’s only South American consumers who are buying Chinese EVs? If you are, let me disabuse you of that notion. Chinese EVs are selling well in the UK, in SE Asia, in APAC, and pretty well in the EU despite tariff and non-tariff barriers. The only place they don’t sell is the US, because of Donica.

Need Internet v2. :P

It's not just greenflation. Companies have realized that they can make more money focusing on the top 10% of consumers and just what the bottom 90 go to hell. If they had the slightest fear of competition then they wouldn't take that risk because a competitor might work their way up in the cheaper markets and then jump into the more profitable ones, but since we don't enforce antitrust law because we're busy freaking out about trans girls playing field hockey in the Midwest you can kiss that goodbye.

During incognito browser mode. So that's fun. As usual we found out as part of a lawsuit and settlement.

Back in the '80s which kept the economy going and then we followed that with two huge economic bubbles that kept things going. There was also a lot more government assistance back then in a lot of ways that we don't think about. I'm not talking about food stamps I'm talking about heavy duty subsidies like the aforementioned infrastructure spending that made it easier to get jobs.

We were in a much better position to weather 12 years of Republican rule back then. The Republicans have been building up to this for 60 years, ever since Goldwater lost. Trump is the final form of the party. A pedophile pretending to be godly while openly admitting he will burn in hell and still somehow tremendously popular with the party.

It's not just about how terrible Trump is it's about how voters would let somebody like that have that much power. It's a sign that our civilization is near collapse. A fundamental breakdown in the institutions that have been protecting all of us for our entire lives.

It's the opposite. People here have mostly done okay for themselves. Most of us are well over 50 and we got the full benefit of the Great society and the New deal. For example the government paid for 70% of our college tuition.

I don't think anyone here believes that they are going to ever suffer any serious hardship. And that's why we have so many Trump supporters here. They keep quiet because this isn't a safe space and Trump supporters won't talk about it if they're not in a safe space. But I know they are there.

These are the same people that are learning the kind of terms typically associated with libertarians right now.

They always think they will get off scot-free and maybe some of them will. But the point is not all of them will.