I seriously don’t get it either. Comparing how the US does subsidies to private companies to how China does investment in state owned (whole or in part) enterprises really lays bare how our whole system is just intended to print money for rich people.
This is after passing huge subsidies with the IRA and CHIPS act. Very interesting!
How the hell did anyone see that law and not think that the rich would just pocket the “subsidy”.
I seriously don’t get it either. Comparing how the US does subsidies to private companies to how China does investment in state owned (whole or in part) enterprises really lays bare how our whole system is just intended to print money for rich people.
They will work about as well as the heavily-funded “defensive lines” in northern ukraine