r/SipsTea • u/Putrid-Welder1803 • 10h ago

SMH Thoughts on this?

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u/Katana-Kat 10h ago

Something something free market something something competition something something

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u/SvartrKukkSceand 9h ago

there's at least a glimmer of "its not a free market" when all those companies are only so cheap because they are MASSIVELY subsidized by the Chinese Government.

I dont agree with banning them, but the argument is there and legit at least a little.

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u/OstapBenderBey 9h ago

Not like American car companies havent receieved massive government subsidies over the years either. GM alone got 50 billion in 2008

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u/Sh00terMcDabbin 8h ago

That's not what is happening here though. China is specifically subsidizing the cars because they are trying to push other countries out of manufacturing, the way they have on other manufactured products, because then they can raise the price and the barrier to re-entry will be too expensive for competitors to get back into the market and they will have a monopoly.

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u/AmericusBarbaricuss 5h ago

Exactly right.