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by Ringz
561 days ago
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Better? That needs a proof and I bet you won’t be able to find a peer reviewed example. Cheaper? You raise an easy target here if you ignore the massive subsidies, completely different financial systems and politics. China ignores international trade rules and Europe, USA etc. can’t ignore this if they want to save their industry and - at the end - democracy. |
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The EU subsides their car makers just the same. Part of Renault belonged to the French government for the longest time and all the governments are providing incentives to drive the sales of new cars.
See the cash for clunkers program that was running for years after the 2008 crisis.
Using tax payer money to artificially reduce the cost of a new car, If that is not a subsidy, then what is it?