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US is in a very advantageous position regarding geography and resources but its problem is that its geared towards having access to the whole worlds markets. Ap
by mrtksn 4mo ago
US is in a very advantageous position regarding geography and resources but its problem is that its geared towards having access to the whole worlds markets. Apple, Google etc. are all possible because they server billions of people, not just 350M. IMHO US will have serious internal trouble for years, eventually stabilizing and being a nice place again.
- charcircuit 4mo ago>Apple, Google etc. are all possible because they server billions of people, not just 350M Most of their revenue comes from America. Not all countries have the same profit margin per user.
- mrtksn 4mo agoNot true, less than half of Apple’s revenue is from US, %42 last year. Europe is %26, China %16.
- charcircuit 4mo agoApple would still be a viable business if it made 42% of what it currently makes.
- mrtksn 4mo agoApple is amazing company and has amazing abilities, it's just that it doesn't have its own production ability and its %60 dependent on non-US consumer base. It will have to start producing its own products at %60 reduced market in the case of the hypothetical collapse of the global trade and supply chains. So, even if Apple can eventually be fine is it going to be $4T fine?
- vkazanov 4mo agoYes! But the point here is that producing apple products in the US would probably turn that 1000 dollar toy into 3000 dollar toy, which would in turn result in the sales going down as well. Global economy means global price competition. Another interesting effect is that industrial countries typically have MUCH lower average salaries.