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UPU reforms from 2020 already phased in, your local post especially in NA and EU is has not been subsidizing PRC shipments for a while.
by maxglute 1y ago
UPU reforms from 2020 already phased in, your local post especially in NA and EU is has not been subsidizing PRC shipments for a while.
- mattmanser 1y agoRead the link, UPU only solved a part of the problem/subsidy.
- maxglute 1y agoThey have EU warehouses now. They're subject to EU legal process at this point. EU consumers can vote with their wallets, and seems like they're fine / appreciate TEMU business model and externality dumping (and middle man cutting). MOST of the world lives on cheap (affordable shit) without everything burning down and collapsing (at a higher rate sure), consumers in developed economies where products are questionably overbuilt - past some point safety is another avenue for regulatory capture - which is just parasitism on other spectrum. Maybe the problem is people don't want to pay 10000% more for "safer" items. Maybe all they're fine with marginal more deaths for significant less costs. The problem with regulatory wank is at regulatory treadmill doesn't always lead to market conditions consumers really want. Maybe most of it is correct, or maybe it is not.