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greyb | on: Is this the end of the once-mighty GoPro?
If a country hands out enormous subsidies but yet isn't leading in anything, then maybe it's time to consider what structural reasons are causing these subsidies to be squandered and whose bottom lines are being padded.
sarchertech | parent
What US industries get anywhere near Chinese level subsidies.
baby | root | parent | next
I heard that when some country wants to pay in a different currency than USD for oil, a coup suddenly happens, or a helicopter comes and the president gets kidnapped
sarchertech | root | parent
The US dollar being the global reserve currency makes exports more expensive though.
inigyou | root | parent
[flagged]
sarchertech | root | parent
That’s a stretch for the topic at hand. You can say hey the US does this probably morally equivalent thing, but when people are talking about subsidizing domestic companies so they can outcompete foreign companies in foreign markets, this isn’t what they’re talking about.
inigyou | root | parent
Agriculture?
sarchertech | root | parent
China spends close to 10x what the US does on agriculture subsidies.