This is an interesting legal case. A Volkswagen (VW) car dealership in Germany is getting sued by VW because he sourced the VW cars he sells from China instead of Germany, given they're about 50% of the price *for the same car*.https://t.co/vMPUPbeJ0i
— Arnaud Bertrand (@RnaudBertrand) February 7, 2024
As the article explains…
US stock market has been used by the government and the Fed to simulate g0mOOnISm in the US, especially since 2007.
— Nik Stankovic (@nikstankovic_) February 6, 2024
In China it's easy. When China needs to stimulate the economy, the government just gives some money to a State Owned Enterprise and problem solved.
US can't do…
Thanks, this finally makes sense. I've seen other people try to explain it but without a chart and in a way I did not quite get.
— Nik Stankovic (@nikstankovic_) February 6, 2024
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