No. The manufacturers got driven out by impossible to follow rules long before China industrialized; by the 1980s American cars were awful because of this.
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Replying to @ThatOldSheepDog @douglasmercer33
The most complex stuff breaks down first. All the rules that hamstrung the auto industry apply to every other industry and more generally the process that produced those rules applies to every industry. Safer to produce things away from those rules - which is their purpose.
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Replying to @ThatOldSheepDog @douglasmercer33
They could but the same incentive and desire to destroy industry exists for the people who are going to do the implementation of the tariff regime because they're the same people writing the regulations.
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Replying to @ThatOldSheepDog @douglasmercer33
It wasn't; the CCP's goal is mostly money and what do they do? They have businesses have a CCP official as a board member who collects a cut of the profits. Notice that USG never did anything remotely resembling that.
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So, the problem is essentially the American banking mafia has higher time preference than the CCP mafia? Wall Street will kill the goose to get additional golden eggs now. CCP patiently nurtures the eggs in order to hatch more magic geese.
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No; the problem is that the CCP is securely in charge so has a long term incentive - stationary banditry and the American banking mafia *isn't* in charge and constantly gets shaken down by the left - who is in charge
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