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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Dope1 ⎊  😊 😞
Number: of 4582 
Subject: Re: I must need to drink more Kool-aid
Date: 05/01/25 3:05 PM
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Because that's what both the Japanese and EU teams reported encountering. For example:

Ha, I covered the EU specifically. Ursula What's-Her-Name wants to pursue a "zero for zero" strategy but what's NOT on the table is how Europe illegally subsidizes European products. Take Airbus. Airbus Industrie is a consortium among the UK, Germany, Spain and France, receives subsidies, and their national airlines subsidize further by buying Airbus jets.

forbes.com - Airbus may seek new subsidies sparking a transatlantic trade war

Airbus chief executive Guillaume Faury said last week that his company may need financial support from European governments to develop a successor to its A320 jetliner and a smaller, hydrogen-powered commercial transport.

Faury told the Financial Times he remains “very committed” to a funding model in which a third of aircraft development costs are covered by government loans that do not need to be repaid unless the new aircraft is a market success.


LOL! They don't even hide it.
This is what Boeing gets to compete with. Pretty sweet gig when your competition gets interest-free loans and offloads 100% of the development risk and expense, amirite?

Trump's ego that Meloni is willing to come to the U.S. and say all kinds of accommodating things to him - but she's not the one who negotiates trade for the EU. Von der Leyen is singing a different tune, and she's the one that matters.


You're making another assumption. European countries are free to make their own treaties with the United States. Where does it say that we have to only negotiate with the EU a as a bloc? Why would we do that?

The question is what's critical for the Administration's survival.

And...so what? I could give a rip about the Administration's survival. The only reason I care at all is because the alternative - today's democrat party - is so odious, so strategically inept and consistently does things to empower America's enemies around the world that the only rational choice is to support whatever Republican is running.

China and the EU can hold out a lot longer than the Administration can, and they know it.

I've covered this. You're not necessarily correct on China.

Ever been to a Chinese factory? The ones in the not-so-nice parts of China? Well, I have. Let me tell you about places like Suzhou. All the big names you'd recognize have factories there. When you go to a Chinese factory Americans immediately think they'll see lots of tech an automation. You don't. What you see a bunch of folks straight from the vil lined up elbow-to-elbow Upton Sinclair-style screwing things together by hand. Repeat that scene hundreds of thousands of times and you have China's economy in a nutshell.

Xi keeps his throne because those 20M or more factory workers are churning out stuff. What happens when they're not?

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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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