Wait, what? Chinese style government leads to prosperity? Well, we're done for, that's all I can say.
Lots of new Ram trucks rotting on dealer lots it seems
- Thread starter skyactiv
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Wait, what? Chinese style government leads to prosperity? Well, we're done for, that's all I can say.
The CHIPS Act of 2022 for the win!
I am not sure what could be more important in both the short run and the long term.
An effective authoritarian government with comprehensive focus and planning has worked well for China despite the many downsides for its people.
In 2000, China had a GDP smaller than that of France, the UK, Germany, Japan and of course the US and only barely ahead of Italy.
By 2023, China was behind only the US and had GDP of nearly four times that of third place Germany and a bit more of a multiple over fourth place Japan.
Pretty impressive performance that might be replicated in new lands of cheap labor that also have the abundant natural wealth China lacks.
This could also provide China with quasi colonies to help relieve its demographic decline.
This should be a wake-up call to the West that we need to up our game in our relations with the developing world.
4WD
$50 site donor 2025
Prosperity for a wolf pack, like “oil for infrastructure” that nobody needs - all the cash is gone. Small businesses go under.
edyvw
$50 site donor 2025
China has 1.42bln people!!! China is still primarily a poor country. Once you get out of the main cities, things are different. China does not have a functioning healthcare system, etc. And, you can very often catch rich Chinese people trying to cross the Mexico border into the US.
Chinese progress is based on allowing companies access to huge amount of people. Chinese style of government, as PROVEN throughout history when it comes to one-party regimes and similar authoritarian regimes, is generally very limited in innovation. Their "style" of government is actually discouraging innovation as regimes are scared of it. They tolerate independent thinking to certain point. If the regime thinks the independence of intelligentsia is getting out of hand, the regime WILL ALWAYS consider that as a threat. Think of the Soviet space program.
China's current economic problems are indicative of what I said. The regime under Xi is becoming more and more authoritarian, and FDI's are almost drying out.
As Churchill said, "Democracy is the most inefficient and chaotic government system, but until we figure out a better one, we are stuck with it." Democracies are best to garner long-term, stable economic progress.
I worked in the Automotive Supplier industry for 8 years. The amount of stolen intellectual property of the Chinese was staggering. Stealing technology (copycat products) and reverse engineering can’t be understated as a major part of Chinese innovation.
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She is 10x the CEO that Jim Farley is. GM seems to be doing better with QC. Ford is worse now for QC than ever and it wouldn't surprise me if he fired all the QC analysts to save a couple bucks.
Ask any current Ford owner what they think of their vehicle. It's tragic
. I grew up loving Fords. They were tough unkillable beasts.
Now, today, I'd buy a Dodge 4500 if I needed a replacement. I wouldn't even consider Ford.
Ask any current Ford owner what they think of their vehicle. It's tragic
. I grew up loving Fords. They were tough unkillable beasts. Now, today, I'd buy a Dodge 4500 if I needed a replacement. I wouldn't even consider Ford.
It is wonderful that our politicians are buying back with our stolen income what they allowed to be given away.
OVERKILL
$100 Site Donor 2021
Yup, the "partner to build here" agreements with Western companies that had them effectively give up their IP to be able to exploit cheap Chinese labour was a boon for China. They didn't have to engineer anything from scratch, they had all the designs right there to rip off and modify as needed.
Stolen? we give it away.
Agreed, that era was about the start of when politicians started to sell out America for their own benefit; the whole "globalization is great because outsourcing to cheaper labor lets us buy cheaper products" didn't age very well.
Possibly so, but she is still a MBA and DEI hire.
Yes, the corporations moved Semiconductor Manufacturing over to China for cheaper labor and available engineering talent. China graduates far more engineers than the US. I don't like the fact that this happened, but our investment in education has to change.
10x's zero still equals zero.
Fixed:
corporations moved Semiconductor Manufacturing over to China for cheaper labor and cheaper engineering talent.
Cheaper? Yes? Available? Yes.
The point is, if America wants to compete globally, education is key.
People who aren't engineers for some reason think that there is a shortage of engineers. As one of MANY ex-engineers, I left the profession because I got tired of being unemployed 25% of the time, and the constant moving.
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