Comment Re:Wishful Thinking (Score 1) 206
Western anti-China elites have been wishful thinking for the last two decades. China is always on the verge of collapse, according to their narrative.
Western anti-China elites have been wishful thinking for the last two decades. China is always on the verge of collapse, according to their narrative.
Overcapacity: China exports a much smaller percentage of cars they produce than Japan, South Korea and Germany do. If China had a car overcapacity, then those countries have had much more severe ones for several decades now.
From Western AI:
Japan: 49%
"Japan's automotive industry shows a high reliance on exports, with about 49% of the passenger cars produced in Japan between April 2023 and March 2024 being exported (4.05 million exported out of 7.55 million produced)."
Germany: 70%
"Germany exports the vast majority of its cars, with many major brands exporting over 70% of their German production, though the exact percentage varies by brand."
South Korea: 65%
"Approximately 65% of cars produced annually in South Korea are exported, with a total of 2.77 million units exported in a recent period. This figure can fluctuate, but exports consistently represent a large majority of the country's car manufacturing output."
China: 23%
"In 2024, China exported about 7 million vehicles, which represented a small fraction of its total production of approximately 30 million vehicles. This means that roughly 23% of the cars produced in China were exported in 2024."
Then, you can blame the Chinese, Iranians, Indians, Vietnamese and/or Mexicans for stealing your jobs and destroying your industry.
EXACTY.
Those Netflix engineers didn't know and weren't part of the "inside baseball" of Wall Street.
Infinite growth (in terms of material wealth; not in terms of happiness) in a finite planet does not make sense unless you are okay with the unevitable fact that some people, a lot of people, will have to pick up the tab.
"As long as Americans continue to elect politicians that worship companies and the "free market" over their own countries interests [...]"
This is capitalism. Big corporations control politics. It doesn't matter who the American vote for. Capitalism is eating away democracy. In a culture that seeks infinite growth and ever growing profits, eventually more and more people will end up picking up the tab.
Using Apple as an example is stupid. For one thing, does Motorola have a cult following?
I wonder if your post was just an excuse to boast about how great Apple is.
Real Users know your home telephone number.