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John L.
The Wall Street Journal
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Comments by "John L." (@johnl.7754) on "China’s Comac Aims to Rival Boeing and Airbus in the World’s Biggest Market | WSJ" video.
Comac is going to be successful since China is a huge market and most of the their airlines are controlled by the government. They can also offer the planes at low prices or financing to other airlines around the world especially developing countries. It is impossible for any company no matter how big to compete against a country as big as China.
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@aj2228 yup short term is all that matters for the voting public so also the politicians. Inflation will also go up when the dollar goes down which will hamper the asset prices (stocks, real estate, collectibles....) since the fed then can not continue to keep interest rates near zero.
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Not only the US but other countries as well but too bad things won’t change since we only care about short term which means lower prices but I’m glad that I don’t have kids so I don’t have to worry about how they will deal with this and other consequences like high deficits....
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