Comments by "" (@user-lk7cv8vg7r) on "US can't compete with China's technology, so it wages economic war" video.

Both sides are just going to jumpstart inflation in the USA. That 60% tariff will be devastating for the USA economy.
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We have Chinese TV's in the USA too. I think my TCL is nearly just as good as my Samsung and was a lot cheaper.
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@ItsukaShimotsuki Yeah until inflation runs up and bites the head off that fantasy. Chinese goods becoming 60% more expensive is the perfect excuse for American products going up 60% as well. American domestic economics is all feelings and illogic and not based in any reality. Americans are kind of special that way.
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@davidlazarus67 Going green can't be done by everyday people when the product is overpriced.
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@DailyBeatings For a dogmatic nationalist, that makes sense. "My people may be poorer, but at least the money stays in my local producer's pockets." I'd argue in the USA, even if we could expand production to match, we still wouldn't lower the price. I've never seen an American capitalist turn down extra profit.
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@ItsukaShimotsuki Exactly. The USA is kind of screwed in the end without any major systemic change. Our constitution itself is designed to prevent even the loosest social democratic state capitalist model. Sadly, the USA seems it would rather self immolate than embrace any change.
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@briansimon8969 This is the American "feels over reals" that I'm talking about. We Americans deserve every bit of inflation we get because we explicitly vote for it.
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@DailyBeatings I'm definitely not saying you're wrong. But what I'm saying is that I am very skeptical that those local production increases will ever come. Why spend more and make less money when the government can keep putting the thumb on the scale for you? This can only be reversed by state intervention, subsidies, and what would amount to Asian Tiger style state-capitalism which the USA is extremely adverse to. However, perhaps the tide seems to be shifting on that. Companies like Intel get massive amounts for grants and subsides now. My state of Nevada basically gave Tesla 4 billion dollars for free. The US CHIPS act is definitely more of a state directed capitalistic trend.
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@davidlazarus67 Nvidia and Apple will outlast SpaceX. Nvidia is still very competitive and obviously really wants to sell to China. Apple has affordable options now. SpaceX is about to default its Artemis II timeline and NASA has extremely punitive measures for failure to deliver and they may break SpaceX.
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Because they have been used to organize terrorist attacks in western China. They demanded that these companies police that. They said "Muh freeze peach." So China banned them.
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They wouldn't. They know it would just be a tax on their own people. More likely if things get too bad, they'll just ban those companies, seize their assets and re-organize them locally. The pain those companies would feel may almost cause a capital riot at home for the USA.
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Elon Musk is only for advancing humanity if he profits from it. If not, he’ll just take the day off and do drugs instead.
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That is not what that is and he actually probably never said this as it was in none of his books. What Benito Mussolini was pushing was more of a top-down vertical syndicalism where workers and capitalists were working in units where they made determinations and decisions among themselves about their field in "corporatist" organizations which then worked with the state on equal footing, like soldiers working together on a task. While the european f*sci$t cancer thought this could resolve class conflict, It was pro-capitalist, anti-worker society with no redeemable qualities. State capitalism is just the state taking a more directive role in what companies should be doing by basically bribery. Making objectives and then giving subsides to companies that want to play ball to accomplish these objectives and to build infrastructure. Definitely not the same thing
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