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Be Low Below
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Comments by "Be Low Below" (@toyotaprius79) on "Why the EU Wants a Trade War with China" video.
Economists are fantastical. They think there's unlimited growth on a dying planet
74
Only controversial when China does it. But it's not controversial when it's food...
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🎯
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Underrated comment Their decisions carried risk. Ultimately as things have shown, prioritising short term profit, building nothing but crossovers to compete with competitors' profit margins have ultimately risked the industry, risked the jobs of workers, and delayed years of EV adoption.
19
You can thank the Brits for that (flooding money into the Prussian empire to fight France)
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What rules does china have to play by? Free market rules? China proved it succeeded in a more planned economy than the boom bust markets we're saddled with. In China is an automaker wanted to sell they had to build there, and in China there's no monopoly over patents, their technology and skills are learned by domestic partners like SAIC, Geely, GWM and the rest I would not shed a tear for western automakers. They squandered for too long until diesel gate and Tesla's rise bit then in the arse and they're still too late selling +80% of their fleet as internal combustion.
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It would demand a pivitol shift in our economic lives, outlook and planning. Something that's needed to address the crisis that is climate collapse But no. Private business interests will outlive us all until there's no economy left to buy from them.
14
They weren't just slow. They were deliberately trying not to switch and invest in EVs or even hybrids or microcars. Desperately trying to hold back Euro emissions regulations. Desperately trying to keep selling petrols and diesels while neglecting investment in workers and R&D. That's why the EPP are such good friends with these private business interests.
9
The workers or the bosses?
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And isn't it a problem when there's no will power or planning to organise all those small businesses together to adapt and defend themselves from economic shocks - because of short sighted decisions from an Automaker that's vulnerable from Chinese competition that invested in affordable EVs a decade in advance?
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That's GM for you Imagine if the people of Australia, the workers of Holden were able to make their own decisions for their own industry instead of a faceless group of executives who needed their quarterly profit margins for stock buy backs?
7
Oo aah up the RA
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@wlee9888 you're getting it backwards. In the last 20 years China's automotive industry transformed itself through its internal market. Buying +10 year old tooling of cars long since discontinued from Europe, having Foreign manufactures to pair up with Chinese manufacturers to develop their engineering. They succeeded long before now. Only now are they exporting cars that are on par with external "free markets" 🙄😂. Whether you see it as a threat or as a sign of weakness that their internal market is showing signs of fatigue.
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Alright. But you do know that western Automakers have invested heavily in the prospect of China being the largest automotive market since the 90s. So if a tit for tat occurs and China just blocks any foreign car sales, hundreds of billions in investment will be stranded and at risk essentially. Stocks go down, economic free fall
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Exactly
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All this yellow peril is getting feverish. Fetishized even.
5
Chrysler saved itself by making the minivan market and completely ditched it simply because of the image of minivans/mpvs Now all they do (especially under Fiat/FCA with Dodge and Jeep) was prioritised enthusiast cars that were the most polluting but the most profitable. You might remember the 200C and dodge dart. They were just rebadged Alfa Romeo sedans. But sedans were already dead on arrival in the 2010s So every automaker just jumped on the crossover bandwagon without even taking serious investment in hybrids and EVs. That's a tell tale executive's decision
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@soundscape26 you say both but clearly one had a monopoly of executive function as long as the industry existed.
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And there you have it folks! 🥇
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The Wulling Bingo EV looks the ticket. A no nonsense proper electric car that would be the size of an old Ford Focus. You definitely don't get that anymore in Europe
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@Uzishan that's the whole point of R&D, they, executives, literally dismissed hybrids and EVs as childsplay long since the 1990s. And I wouldn't be so blithe to "asking more money for a job", have you a notion of what workers' unions are for? There's a great surplus of value in these organisations and it's all for private investors and executive pay, even that sphere of influence has its own competition against other competitors. "Talent" as they call it.
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@alexsocial9525 the vast majority of cars sold are still petrol or diesel Sorry. Short term profits come first, even when our world is burning over put
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That's the sad truth of it
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You don't have the slightest clue of battery management systems or battery manufacturering
3
@soundscape26 he's joking about "Full Self Driving" I wouldn't trust FSD on anything but motorways. That was the main purpose
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Volvo, London Taxi Can company, they all have a Chinese parent company but are actually given more engineering autonomy than what GM used to give Opel and Vauxhall
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That's the fault of western automakers for not taking EV seriously. Thinking they can convince everyone that they want expensive crossovers.
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@soundscape26 no, and I'm speaking as a "car fan" Have you seen most new car buyers? They don't care about their cars, they don't know their cars. They're reliant on them for work, quite often it's the company car. If most people liked cars we wouldn't have a market oversaturated with samey Crossovers and SUVs
2
@DerDoMeN like myself, you probably live somewhere that has been fundamentally designed around the car, oil market and de-investment of public transport like railways
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@undaijoubunii-chan586 you need to consider that the decisions and risks of executives can determine the very existence of a worker's job.
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Neoliberals be like
2
At that time of rebuilding economic politics were very different than today, they were much more advantageous for workers. Particularly for the likes of Citroen and VW, there was plenty of investment in R&D. But since the 70s everything went down hill and austere.
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@HibikiKano 🎯🎯🎯 Concepts like the Mia electric ? The Citroen Czeros and the like. By 2010 things were already late, I know in France and in Ireland at one point some 200 electric cars were loaned as a pilot to families by a public electric company. It was mostly successfully but mothballed it If only they could have persisted. . In France such schemes also made relatively used second hand EVs much more accessible. There was no political will for it, and the crass business as usual dominated and suppressed not just private EV sales but also charging infrastructure
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@HibikiKano you're dead right there
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And what reasons do you remember? Does it have much to do with the battery management system? The manufacturing stage of cells? What is it? Just hear say
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@ciaranbrk why comment pray tell?😅
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Because they're much more competitive than what stabilised brands offer
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You say Europe did but what you meant to say was that executives and investors did at the expense of everyone else for cheap goods 20 years ago that eventually inflated in price.
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Protecting the executives from their own consequences
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You don't know what his politics actually is
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It's all lip service, greenwashing. Every business especially those that profited for decades on fossil fuel will be as slow as possible to decarbon They'll always prioritise profits and dividends over meaningful R&D (or full labour pay). It's literally trying to have their cake and eating it.
1
You got everything backwards. EVs are over priced for two reasons: Lack of R&D, if they invested a decade earlier they'd be cheaper. Executives and investors held back for too long. Most EVs are crossovers. No matter the fuel type crossovers and SUVs demand an immediate premium. That's why there's so few small cars left that are not profitable even with +30 year old technology.
1
Bursting into flames mid journey sounds an awful lot like your Tata Nano 😅
1
MG
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@soundscape26 only an eagle eyed Tesla sycophant could tell if a certain Tesla is built in China or not
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@QwoaX that's the fault executives of said manufacturers who dug their heels and dismissed EV R&D until it was too late They're the ones who still profit most from selling petrols and diesels Get your head out of your hole. They played the game and they'll burn the local economy. Get that straight
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MG, Volvo, ORA, BYD
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It's a market place. A capitalist playground for free and unfettered movement of capital (especially Ireland) Isn't that not what you wanted or do you want a real democracy?
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China didn't have a corrupt oil industry misleading them and wasting time.
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Hail? Neither king nor kaiser, pal.
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I never heard about this, please share. I only knew of Estonia rebadging their tiny EVs
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@RCXDerp for Ford it was their F150 that kept it afloat throughout
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Note for yourself, bring it inside from the elements and sleep with the engine purring 😴
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They're already less competitive by offering the same over priced crossover garbage.
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@Flipflopflopper you have no idea what the EPP does
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You're doing the opposite of convincing. Y'all yanks are no saviours
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@donkey459 had to Google what wumao is. Paid trolling? You bloody wish.
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Oof
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@cameron6770 🤷♂️bad move if you prefer reliance
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All Canadians build are Chrysler Caravans, extreme wild fires and mass murders of indigenous women.
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EPP MEPs certainly
1
Now that is true. Unfettered competition or free market forces is what brought on the 2008 collapse
1
🎩 "you are wrong" the Fat Controller laughed
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@AmassuoCoon maybe you did believing in that myth in the late 90s, 2000s, but honestly a feckless thing to believe. No one seems to be benefitting now, look around you, wealth inequality is rampant.
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Was it an MG, BYD or ORA?
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@Omni0404 very US automaker is garbage. Their business is exploiting their workers and sending surplus labour into a cash casino for stock buybacks. Not to mention decades of tax breaks, incentives, political donors, etc
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And they know that's what western markets consumers want. But all we get are over grown crossovers that make the highest profit margins/inflation
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@stixinst5791 what? Sinister threats of famine, what are you Pritti Patel?
1