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>Americans have no idea how far advanced the Chinese car market is. Americans have no reason to care about that. Their legacy car industry is now only a vestig

>Americans have no idea how far advanced the Chinese car market is. Americans have no reason to care about that. Their legacy car industry is now only a vestigial part of their economy. It's an acceptable casualty when the brunt of their economy is finance, tech and services, plus owning the printer to the world reserve currency and the largest military in the world by a long margin along with large fossil fuel reserves, giving them leverage over China and the Chinese economy in other more important areas while their car industry can coast into irrelevance letting their allies Japan, Korea, Germany race to the bottom in selling American consumer cheap cars in exchange for those sweet USD. They'll be fine. On the other hand, countries like Germany where the legacy ICE auto sector is a large slice of the economy and don't have energy independence, don't issue the world reserve currency, don't have a strong military, don't have a leading finance and tech sector, but have a ballooning welfare deficit and unions fighting against the inevitable change to EV, will be less fine and more at the mercy of bullying from world powers along with a reduction in standard of living of their workers/citizens.

RGamma 2y ago
There's considerable risk in that strategy if taken to the extreme. Because you could eventually outsource virtually everything, including critical dependencies, and then just be left with a sort of pure military-financial hegemony, but that can be a rather unstable equilibrium. Not saying there's no tasteful way to stably approximate that state though (and even not requiring stepping on other's toes, which may actually help in combination with the right narrative).
- Cumpiler69 2y ago
  >Because you could eventually outsource virtually everything That's reductionist. I never said anything about outsourcing everything. Ford and GM aren't going anywhere but it's clear their importance is dwindling and will just be allowed to be on life support in the future rather than a core part of the US economy.
  - bdangubic 2y ago
    what are you basing this statement on? data to support this claim?
    - Cumpiler69 2y ago
      Market trends, knowledge of history, and logic.
rawfan 2y ago
No idea where you get your news on Germany, but the only valid thing was the part about the auto industry being legacy. As someone working in the energy sector, I can gladly tell you we got rid off most dependencies, we’re 95% independent regarding electricity. Oil and coal are still a problem, but we’re getting there. That ballooning welfare deficit you talk about must be a joke, what are you even saying? Germany has a zero deficit policy in it’s constitution (which what’s actually causing trouble right now, especially regarding Ukraine help funding). Please also point me to information on unions fighting EV because I haven’t heard anything about this (being active in the largest German union).
- Cumpiler69 2y ago
  > Please also point me to information on unions fighting EV because I haven’t heard anything about this (being active in the largest German union). To expand into EV means you need to let go from the declining ICE sector and unions are fighting against such job cuts meaning there's less money left to go to EV expansion. Is putting 2 and 2 together really that difficult?
  - perelin 2y ago
    No reason to be snarky. You did not provide any information on the matter beyond 'because I say so'.

RGamma 2y ago

There's considerable risk in that strategy if taken to the extreme. Because you could eventually outsource virtually everything, including critical dependencies, and then just be left with a sort of pure military-financial hegemony, but that can be a rather unstable equilibrium. Not saying there's no tasteful way to stably approximate that state though (and even not requiring stepping on other's toes, which may actually help in combination with the right narrative).

Cumpiler69 2y ago
>Because you could eventually outsource virtually everything That's reductionist. I never said anything about outsourcing everything. Ford and GM aren't going anywhere but it's clear their importance is dwindling and will just be allowed to be on life support in the future rather than a core part of the US economy.
- bdangubic 2y ago
  what are you basing this statement on? data to support this claim?
  - Cumpiler69 2y ago
    Market trends, knowledge of history, and logic.

rawfan 2y ago

No idea where you get your news on Germany, but the only valid thing was the part about the auto industry being legacy. As someone working in the energy sector, I can gladly tell you we got rid off most dependencies, we’re 95% independent regarding electricity. Oil and coal are still a problem, but we’re getting there. That ballooning welfare deficit you talk about must be a joke, what are you even saying? Germany has a zero deficit policy in it’s constitution (which what’s actually causing trouble right now, especially regarding Ukraine help funding). Please also point me to information on unions fighting EV because I haven’t heard anything about this (being active in the largest German union).

Cumpiler69 2y ago
> Please also point me to information on unions fighting EV because I haven’t heard anything about this (being active in the largest German union). To expand into EV means you need to let go from the declining ICE sector and unions are fighting against such job cuts meaning there's less money left to go to EV expansion. Is putting 2 and 2 together really that difficult?
- perelin 2y ago
  No reason to be snarky. You did not provide any information on the matter beyond 'because I say so'.