4 ms·
It turns out if you have massive state subsidies and a lower cost of materials and workers, you can deliver products for cheaper than nations/companies that don
by throwaway5959 4y ago
It turns out if you have massive state subsidies and a lower cost of materials and workers, you can deliver products for cheaper than nations/companies that don’t have those benefits. More at 11.
- deleted 4y ago[deleted]
- kennend3 4y agoso.. by this logic the US automotive companies should be cleaning house? I mean if you throw billions of dollars to them.. you could consider that a "state subsidy" right? " General Motors received $49.5 billion, repaid $38.3 billion, which left taxpayers an $11.2-billion loss. The “old” and “new” Chrysler companies were loaned just under $12 billion from the federal and Ontario governments with just over $9 billion recouped, resulting in a $2.92-billion loss. "
- throwaway5959 4y agoYes, did I stutter? That was also a decade ago, and I was saying the same thing then.