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China financially supports Chinese companies. You aren't competing in a free market when that happens.
by ImJamal 3y ago
China financially supports Chinese companies. You aren't competing in a free market when that happens.
- _aavaa_ 3y agoWhereas we wait for our laggards to be on the brink of failure before supporting them with bailouts.
- mmh0000 3y agoYes and the US Government would never just hand billion$ to automakers... Oh wait[1]. Now we can debate whether the bailout was good or not, but, to rephrase your post: "The U.S. financially supports U.S. companies. You aren't competing in a free market when that happens." [1] https://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%932010_automotive_industry_crisis_on_the_United_States https://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%9320...