I think he is stating that by subsidizing Chinese vehicles way below what could be practical to sell subsided non-Chinese vehicles at China can effectively kill off the non-Chinese automotive manufacturing capacity over enough time. Once this has been achieved China can increase prices drastically as Americans would no longer have domestic car options to buy, and creating a monopoly.
Its a worse alternative for the environment, we should both be investing in electric vehicles. Bullshit mindset when we could be having more affordable green technology and all people are thinking of is the economy. Fuck American auto sales, we dont need more gas guzzling SUVs in the world.
I think he is stating that by subsidizing Chinese vehicles way below what could be practical to sell subsided non-Chinese vehicles at China can effectively kill off the non-Chinese automotive manufacturing capacity over enough time. Once this has been achieved China can increase prices drastically as Americans would no longer have domestic car options to buy, and creating a monopoly.
The US has way more money available to compete with those subsidies.
Yes but the alternative is not having to spend tons of money to subsidize private industry and not letting China profit off of American auto sales.
Its a worse alternative for the environment, we should both be investing in electric vehicles. Bullshit mindset when we could be having more affordable green technology and all people are thinking of is the economy. Fuck American auto sales, we dont need more gas guzzling SUVs in the world.
So, the Amazon & Walmart strategy?
The military and government contacts alone will keep the big 3 in business. They’re in no danger of a mom and pop Walmart situation.