China’s Prices Are Just Too Low for Buyers to Sweat About Tariffs
China’s Prices Are Just Too Low for Buyers to Sweat About Tariffs
China can withstand any new tariffs the world throws at it – even the punitive ones Donald Trump is planning if he wins a second presidential term – because its prices are simply too competitive to resist.
Lol capitalism selling itself the rope.
America de-couples trade with China -> prices skyrocket -> revolutionary conditions?
Certainly going to be civil unrest conditions given that most people are already living hand to mouth. There's just not a lot of slack left in the system to absorb another economic shock.
Sub $10,000 electric cars when tho
That would require the US to stop propping up US automakers. I think we're at least a decade away from that being possible.
That would require the total lost of political power of the capitalist running the US automakers which can be pretty tough.
Not in the US or Canada.
:arm-L:
:arm-R: