2 ms·

The government should find ways to strategically invest in developing major industries. The market for them is global and China has/will have a bigger internal

The government should find ways to strategically invest in developing major industries. The market for them is global and China has/will have a bigger internal market than the US, so without intentional development we'll get a continued industrial consolidation that is bad for the US and the world. I have robotic lawn mowers and vacuum cleaners made by Chinese companies partly because an intentional policy from China's government to grow these capabilities locally.

dgellow 1mo ago
The current administration is literally cutting all those strategic investments
- sillyfluke 1mo ago
  I think they're cutting strategic investments that they don't have personal investments in, as suggested in their banana republic handbook. They seem to be fine with fossil fuel investments for example. I wouldn't be surprised if they start investing again once they destroy the competition and create rival companies in their stead. Right now they seem to be swatting away wind and solar and propping up nuclear companies that are in their pocket. The titles read like they're straight out of The Onion: "Trump Media To Merge With Nuclear Fusion Startup" https://oilprice.com/Alternative-Energy/Nuclear-Power/Trump-Media-To-Merge-With-Nuclear-Fusion-Startup.html https://oilprice.com/Alternative-Energy/Nuclear-Power/Trump-...
  - dgellow 1mo ago
    wtf, I missed that one. I’m really sorry for anyone living in the US but the country you knew is dead, whatever the new country is, the old rules don’t apply. It’s now closer to a 3rd world country where literally everything all the time is corruption, as a core fundamental value of the administration
globalnode 1mo ago
the way the us govt has behaved internationally i wouldnt be surprised if countries/people actively boycott made in america.. the market for us goods and services would definitely have shrunk.

dgellow 1mo ago

The current administration is literally cutting all those strategic investments

sillyfluke 1mo ago
I think they're cutting strategic investments that they don't have personal investments in, as suggested in their banana republic handbook. They seem to be fine with fossil fuel investments for example. I wouldn't be surprised if they start investing again once they destroy the competition and create rival companies in their stead. Right now they seem to be swatting away wind and solar and propping up nuclear companies that are in their pocket. The titles read like they're straight out of The Onion: "Trump Media To Merge With Nuclear Fusion Startup" https://oilprice.com/Alternative-Energy/Nuclear-Power/Trump-Media-To-Merge-With-Nuclear-Fusion-Startup.html https://oilprice.com/Alternative-Energy/Nuclear-Power/Trump-...
- dgellow 1mo ago
  wtf, I missed that one. I’m really sorry for anyone living in the US but the country you knew is dead, whatever the new country is, the old rules don’t apply. It’s now closer to a 3rd world country where literally everything all the time is corruption, as a core fundamental value of the administration

globalnode 1mo ago

the way the us govt has behaved internationally i wouldnt be surprised if countries/people actively boycott made in america.. the market for us goods and services would definitely have shrunk.