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You’ll pay the price eventually. China can sweep the European market with products, underbidding every EU company. If they did that with no backlash, we’d see t
by 9dev 1y ago
You’ll pay the price eventually. China can sweep the European market with products, underbidding every EU company. If they did that with no backlash, we’d see the local economy plunge, followed by wages, buying power, standard of living, and so on.
We need to fend this off, even if it means people will have to pay more for individual purchases, because the larger population does not understand macroscopic effects. China is a danger to the EU, and also the US (even though the US currently is mostly dangerous to itself).
- tgsovlerkhgsel 1y agoFor the cases I'm talking about, my choices are buying from China or literally cutting my buying power by a factor of 10-20 not hypothetically maybe in the future but right now. I can set myself on fire trying to keep Europe warm... or I can not.
- kelipso 1y agoEU should learn to compete instead of reselling overpriced products at huge markups.
- 9dev 1y agoThe EU competes on food and product safety, quality of life, freedom of movement and trade, or privacy, for example.