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Comments by "peabase" (@peabase) on "US, EU reach breakthrough in green subsidies impass | DW Business" video.
@rizkyadiyanto7922 Ireland ranks as a top democracy already, unlike the US. You, too, would do well to copy the Irish.
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I think every European is aware of the EU-US trade wars. Not-so-ignorant Americans may know as well.
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What in heavens are you on about? Outsourcing manufacturing to the US? Europe's corporations are outsourcing to Asian low-cost countries, just like US corporations. Asa matter of fact, I distinctly remember how the US twisted our arm to establish a factory in Texas. We did, only for our US customers to specify that the equipment we delivered was not US-made. This despite the fact that we literally copied the design of the factory from a proven one operating in Europe, yet the quality problems were magnitudes worse. My long-suffering colleague kept saying that if you pay peanuts, you get monkeys.
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@crishhari5903 You're merely repeating yourself. Domestic manufacturing in developed countries with high labour costs is a non-starter. US consumers are not going to pay the eye-watering prices of US-made consumer electronics. There's a whole slew of case studies about the iPhone -- I suggest you read one. Moreover, the USA is still a free market economy, and mining companies will flog their minerals to whomever they see fit. Europe may lose some manufacturing as a result of the energy crisis, but you can bet your bottom dollar that it won't end up stateside. China may not be the beneficiary either, as outsourcers will pick other Asian low-cost countries. For laughs, you should present your theory to an economist. Just make sure the person isn't drinking any milk while you're at it --- you'd get splattered.
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@crishhari5903 Are you trying to argue my case or yours? Competitive edges cannot be regained by moving manufacturing from a continent with high labour costs to another, with similarly high labour costs. Hence, Europe isn't moving manufacturing to the US. Try to get that through your thick skull. Europe, just like the US, has a lot of public debt. Private wealth, however, is very high. Don't you know the difference between the two? It's Economics 101. Produce a credible source that says Europe's manufacturing is moving to the US, as you keep claiming. I'm waiting.
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@crishhari5903 TL;DR.
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