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Piccalilli Pit
Bruce Wilson
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Comments by "Piccalilli Pit" (@piccalillipit9211) on "Scania R770 vs Peterbilt 589 | The Ultimate Semi Truck Comparison!" video.
AND THIS IS WHAT THE 100% TARRIFS on Chinese cars is about - the jobs will still be lost to automation - but in 20 years Am3ric4ns will be paying $200k for an F-150 wiht the same engine and chassis as they have today. Im ALL for saving jobs, but tarrifs are NOT about saving jobs they are about protecting proffits
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@samhartford8677 The thing that I am increasingly realising as I get older is the LONG TERM survival, let alone prosperity, of a country / block depends on two / three things. 1) EDUCATION - you have to educate your population, the US and the UK [my home country] just stopped doing that - only the wealthy get good education 2) R&D - the government has to fund lots of "science for science sake" type R&D and they have to incentivise companies to do specific R&D 3) HEALTH - you need a healthy population to actually do the work, they need to be slim, fit, happy and healthy You can ignore all this for 10, 20, 30 years but in the end - it will and your empire
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@farzana6676 Only NO. Most of that GDP is just national debt spending, the rest of it is inflation-causing distortion. You pay $100k for a pickup truck we pay €40k. I saw a loaf of bread in New York is $5 - its €1 - €2 here. If everything costs 2X as much and GDP is measured in $USD its GOING to be higher isnt it??? China has a trade volume that dwarfs the USA - Like for Like the Chinese economy is 2X the size of the US. But a Chinese car costs $10k in China. THEN you have the fact that the bottom 50% of the US is basically economically inactive cos they have NO money. Im. no fam of either US party - but Bidens administration basically fake the US economic figures. You know that $800 billion of goods are returned each year to online shops and that counts for $1.8 trillion of GDP. YOU buy it, then the SHOP buys it back of you so it counts 2X but $0 of value is added. So much of the US economy is dependent on the belief that the US is NO1 that no one can ever admit its not or everything just collapses.
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I HAVE NO DOG IN THIS FIGHT Im European but Im not into trucks - I know nothing about them - the Am3ric4n truck looks SO backwards, its what I would expect from the 1950's
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