oversupply is bad then an undersupply must be good,
My first statement was “everyone hates everything”
That is people criticize oversupply and undersupply. But it’s one of the other. Markets aren’t stable. It’s why the US subsidizes food to keep the market at oversupply.
You criticized China’s oversupply and ignored US’s undersupply. Even after you mentioned US’s undersupply in a reply, you still only criticized China’s oversupply.
overbuilding in the US would not be done with the money of retail investors
The 2008 real estate crash was not planned by the US government. The overbuilding was done with the money of retail investors.
Low income housing projects are subsidized by the government all the time.
My personal hot take is that oversupply is good for workers at the expense of investors. Investors are excess capital looking to make money without producing anything. Workers actually produce. Shifting excess capital from investors to workers is a good thing in the long term.
I didn’t defend that op. I criticized one part of your reply. But you are so angry at China, that they could cure cancer and you’d say it’s horrible and America should not do it because all the Pharma investors would lose their money.
deleted by creator
My first statement was “everyone hates everything”
That is people criticize oversupply and undersupply. But it’s one of the other. Markets aren’t stable. It’s why the US subsidizes food to keep the market at oversupply.
You criticized China’s oversupply and ignored US’s undersupply. Even after you mentioned US’s undersupply in a reply, you still only criticized China’s oversupply.
The 2008 real estate crash was not planned by the US government. The overbuilding was done with the money of retail investors.
Low income housing projects are subsidized by the government all the time.
My personal hot take is that oversupply is good for workers at the expense of investors. Investors are excess capital looking to make money without producing anything. Workers actually produce. Shifting excess capital from investors to workers is a good thing in the long term.
deleted by creator
I didn’t defend that op. I criticized one part of your reply. But you are so angry at China, that they could cure cancer and you’d say it’s horrible and America should not do it because all the Pharma investors would lose their money.