US Treasury Secretary Janet Yellen is set to discuss industrial overcapacity with top Chinese officials during her trip to China that starts on Wednesday.
Is it? I get that China is “the bad guy”, but does that automatically mean everything China does is intended to hurt the US? Or did they just want to help themselves? Just because the US wasn’t in a position to handle it happening, doesn’t retroactively make it an intentional attack.
The whole point of mass producing something is to make the process more efficient, which lowers the cost. They also hurt themselves if they accidentally end up oversupplying in the process, as then the price is lowered by a higher ratio than their savings on manufacturing costs.
oye, if America does it, it’s opportunity, if anyone else does it it’s unfair attacks on America’s freedoms. Everyone knows only america is allowed to take profit from capitalism, the rest is just unfair competition.
Maybe America would be happier if the rest of us transitioned to communism. That way America would have all the money and all the profits in the world, and all we’d have is free food, free housing, free healthcare, free utilities, and a society where people can pursue their passions without fear of homelessness or bankruptcy.
It’s funny how I read so much about housing crisis and climate change and everything else then China does what everyone thinks government should do and they’re the bad guy
Is it? I get that China is “the bad guy”, but does that automatically mean everything China does is intended to hurt the US? Or did they just want to help themselves? Just because the US wasn’t in a position to handle it happening, doesn’t retroactively make it an intentional attack.
The whole point of mass producing something is to make the process more efficient, which lowers the cost. They also hurt themselves if they accidentally end up oversupplying in the process, as then the price is lowered by a higher ratio than their savings on manufacturing costs.
oye, if America does it, it’s opportunity, if anyone else does it it’s unfair attacks on America’s freedoms. Everyone knows only america is allowed to take profit from capitalism, the rest is just unfair competition.
Maybe America would be happier if the rest of us transitioned to communism. That way America would have all the money and all the profits in the world, and all we’d have is free food, free housing, free healthcare, free utilities, and a society where people can pursue their passions without fear of homelessness or bankruptcy.
I’ve heard China is moving idle construction workers into solar production. LOL, they certainly don’t need to build more houses.
It’s funny how I read so much about housing crisis and climate change and everything else then China does what everyone thinks government should do and they’re the bad guy