How the World Ran Out of Everything: Inside the Global Supply Chain
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- Опубліковано 7 вер 2024
- New York Times global economic correspondent Peter S. Goodman joins the podcast to discuss his new book, “How the World Ran Out of Everything: Inside the Global Supply Chain,” and how economics are a matter of national security.
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11:56 "Trucking's a hard job, I mean if you wanted to simulate it..."
I thought he was about to bring up Trucking simulator.
China restricts or bans USA companies from selling into China, so the same should apply to USA restricting or banning China imports.
China bans USA from owning property in China. USA should ban China from owning land in the USA.
China restricts USA profits from leaving the country. USA should restrict China profits from leaving the country.
What's good for them is good for us?
First is the other way around, Trump started trade war first.
Second is miss information. Foreigner can buy property in China, but ownership limited to 70years, which apply to Chinese citizens as well. This 70 yrs limitation haven't excused to anyone yet.
Third, missinformation again. US companies don't want to bring money back to US, because they don't want to pay tax.
China is a terrible role model, we should not follow their methods for destroying their economy. We're also a rich consumption based economy that depends on attracting international talent and investment. China is a deeply different economy with different requirements. What they do wouldn't work for us and vice verse. There are absolutely tons of Chinese companies we should restrict or ban, but it shouldn't be tied to their arbitrary treatment of American companies.
This guy would be great if he could get past his priors. So much insight wasted by an inability to see past his bias