Comments by "Samson Soturian" (@samsonsoturian6013) on "E.U. Panics As Chinese EVs Take Over" video.

  1. It's worse inside China. Aggressive competition between carmakers mean they have all become ponzi schemes and cars are sold below costs to gain market share
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  2. The military term is "strategic material." It refers to everything that obtaining can help you win a war.
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  3. We're not at war, for the moment
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  4. The EU has LGBT free zones. France is not the EU.
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  5. Leave politics out of this
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  6. @incremental_failure  selling below costs has the same payoff diagram as a ponzi scheme, and no most companies don't do it because the ones that do don't last very long. There are weird growth schemes involving selling at costs and/or selling below costs and monetizing by alternate means. That is an important bit of wisdom: Most startups are ALMOST ponzi schemes
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  7.  @KameraShy  fake war
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  8.  @obsidianjane4413  The military says strategic material when referring to things we intend to steal from our enemies.
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  9.  @patrickstar686  that's an oxymoron
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  10. They make perfectly good cars, dumdum. Europe is simply being effected by yet another Chinese ponzi scheme
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  11. @tren133  that is what you suppose to be true, not what you know for a fact. Even so, Chinese laws are more than protectionist they're rigged to assist locals in ripping off foreigners.
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  12. No one wants to hear his stock picks
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  13.  @eli0uz  selling below costs is a Ponzi scheme. EVs in china sell for little more than motorbikes do.
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  14.  @incremental_failure  we all know what it is. Taking money from new investors to pay off old ones. But anything can become a ponzi. Like one PC assembler who had no cash and more PCs in back order than they had parts. This meant they were taking money from current buyers and using it to make the PCs of past buyers who had been waiting for progressively longer to get their stuff
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  15. @incremental_failure  you say that because firms exposed as ponzis are bankrupt. The thing is the men involved all know it's unsustainable and they'll need to become profitable, but greed takes hold. And how long a firm can sustain losses depends on how much they're losing and at what rate they borrow
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  16.  @jordixboy  a bank borrows at one price and lends at another. A factory builds at one price and sells at another. Same payoff, same concept, same risks.
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  17. China has a habit of chasing the symptoms of wealth/power with no regard to the reality of it.
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