Comments by "Kenz300 x" (@KJSvitko) on "Giga Mexico Delay is Hard to Swallow" video.

If you can't run all out at existing factories you do not need to add more. New factories burn money until they ramp up production volume to profitable levels. Texas, Nevada and Germany are still ramping up. Currently there is too much reliance on the China factory.. China is a wild card. China's economy is much worse than people are reporting. Unemployment is rising. 16 -24 year old unemployment is over 30% Unemployed people are not huge consumers. They do not buy homes. They do not get married or have children. Individuals, foreign corporations and investors are fleeing cities and the country. Numbers reported by the government can not be trusted. Steel production collapse is a good example of the huge decline in the economy. The property developers collapse is starting to ripple thru all its suppliers. Steel is the most visible. More to come. The house of cards built on debt is not sustainable. The Ponzi scheme has been exposed. China's real estate industry is bankrupt. This will impact the rest of the economy and then the rest of the world. There is no 5% GDP. It is a made up number. GDP is 0%. China will export deflation to the rest of the world in 2024.
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@FutureAzA frumpy does not honor agreements.
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The GOP cult is owned by the fossil fuels industry. There is a Climate Crisis. We need Climate Action NOW. Vote BLUE to save democracy, voting rights, Medicare, Social Security and women's rights. Elections matter. Voting Matters. Do your part.
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