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CovfefeAnon's profile
Covfefe Anon
Covfefe Anon
Covfefe Anon
@CovfefeAnon

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Covfefe Anon

@CovfefeAnon

Not to be confused with 2001 Nobel Peace Prize winner Kofi Annan. 54th Clause of the Magna Carta absolutist. Commentary from an NRx perspective.

Joined July 2017

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    1. This Tweet is unavailable.
    2. Covfefe Anon‏ @CovfefeAnon Mar 20
      Replying to @apex_simmaps

      So you think there's a profitable business to be created in selling $9k trucks and *no one* enters it because existing players would rather not undercut their own market in expensive trucks? Why? Out of courtesy to them? Impossible without external factors (regulation).

      0 replies 0 retweets 5 likes
    3. This Tweet is unavailable.
    4. Covfefe Anon‏ @CovfefeAnon Mar 20
      Replying to @apex_simmaps

      Yes, the dealership model is distortionary but the point remains - even if GM/Ford abstained from making cheap trucks to protect high margin trucks there simply must be an external (government) force blocking *other* entrants from serving this massive market. Amazon basic truck?

      0 replies 0 retweets 3 likes
    5. This Tweet is unavailable.
    6. Covfefe Anon‏ @CovfefeAnon Mar 20
      Replying to @apex_simmaps

      The fact that these trucks exist in China is disproof of that. It's worth it to invest capital to create the capital base to manufacture these trucks. There's no barrier to entry for truck making other than massive government protection left over from when UAW was Antifa.

      1 reply 0 retweets 2 likes
    7. This Tweet is unavailable.
      Covfefe Anon‏ @CovfefeAnon Mar 20
      Replying to @apex_simmaps

      50 year old "market failure" prog meme. Capital chases returns - that's what it does in every area... except in building trucks because competitors are so considerate of not eating GM's lunch. Weird coincidence that GM used to serve as a source of income for a prog vote bank.

      2:12 PM - 20 Mar 2021
      0 replies 0 retweets 1 like
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        2. Dr. Rupert, Milk Enthusiast, Toddler Wrangler  🌲‏ @RupertVonRipp Mar 20
          Replying to @apex_simmaps @CovfefeAnon

          Markets are perfectly efficient that's why the entire corporate apparatus has embraced Woke norms as one day a few years back everyone just spontaneously decided they loved PC and wanted to triple down.

          1 reply 0 retweets 0 likes
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