Comments by "DailyBeatings" (@DailyBeatings) on "US price tag for China's gallium export ban: $602 billion and new monopolies for Huawei" video.

China: "No more soup for you, next..."🤣
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If the US starts to build out their capacity to produce gallium nitride the Chinese could just flood the market and drive them out of business. Rinse, lather, repeat...🤣
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How quickly you forgot about Iraq...🤣
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@akakakakakak3084 Incandescent light bulbs were banned in the US on August 1, 2023...🤣
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@natel9019 Of course it matters since the products at higher prices are not competitive on the world market. Unless you have a monopoly or oligopoly the product with the lowest price will always prevail on undifferentiated goods. Economics 101...🤣
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2:22 Gargamel's sister...🤣
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@GregDeman US only has 1,200 soldiers in Syria. At it's peak the US had 170,000 in Iraq, which would be considered an entire army...😎
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@mervynsoo8353 As defined by the US? Of course...🤣
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Ericsson and Nokia are basically worthless because they couldn't capitalize on 5G even with the US jackboot on Huawei's neck...🤣
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@adamiskandar5107 US can't go isolationist because they don't produce the products people want at the prices they can afford. US is also not going to re-industrialize since there would be no market outside of the US for their products as the rest of the world can still buy from the lowest cost provider, which is China.
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@bracesforme3 China can change their policy to civilian use only, then loosely enforce the rules...🤣
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@bracesforme3 US government would need to subsidize these companies forever since they will never be competitive. Now imagine this scenario across hundreds of different supply chains that China has monopoly power?:text-green-game-over:
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@bracesforme3 None will catch up since China has monopoly power and can control price and quantity supplied. Economics 101...🤣
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@bracesforme3 There's no economic incentive for businesses to make investments into production since they can buy at the lowest price from China. The only way China can lose their monopoly power is to increase the price or decrease quantity supplied where is becomes economically viable to produce these, but then we are back to my original post...🤣
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@bracesforme3 Japan now has increased costs, which reduces competitiveness, and still has a 58% reliance on China for those materials. China sold the remaining 32% to other markets. Commodities are fungible and just flow to other buyers who will now enjoy a competitive advantage...🤣
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@bracesforme3 Control you? Was it not the US that decided to ban advanced semiconductors in the first place? What's good for the goose...🤣
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@bracesforme3 Switching to the control argument because you lost the economic one?🤣
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@bracesforme3 False equivalence since China is only retaliating. Maybe the US should take their complaint to the WTO?🤣
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@bracesforme3 I'm quicker than you. It pays to have a minor in economics...🤣
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@bracesforme3 "higher cost are better than someone trying to control you." - Those are your words, not mine...🤣
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@bracesforme3 Switching to the SCS because you're still losing? Sorry, won't take the bait...🤣
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@bracesforme3 "Because the US is already paying to start their own supply chain." - Once again the US government would need to subsidize these companies forever since they will never be competitive. This is basic economics taught in high schools and universities around the world. It's not very difficult to understand...🤣
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@bracesforme3 I have better things to do then wait for someone else to reply. Seems you don't...🤣
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@bracesforme3 Apparently not since it seems you want the last word...🤣
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@egay86292 China: "You’re pushing your luck little man."
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