@Vekysus_A@theserfstv Not really. There is some truth to China having advanced manufacturing, but look up the entry-level salaries in Shenzhen, 996 work culture, and get back to me. Apple just wants keep abusing cheap labor still to some extent.
That’s actually a more interesting situation. If you let the Chinese EVs sell here you would put a ton of Americans out of jobs because we (compared to the Chinese) have fair(-er) labor laws and pay car manufacturing jobs way more than they do in China. I agree it’s not a perfect market, but that’s because we have different labor laws and cultural norms when it comes to work-life-balance.
@RoKhanna The real question is what % should be force-of-sale? That is a very important question with repercussions on business growth and the future businesses that spawn.
Are you suggesting something like an annual 5% force-of-sale-of-stock for everyone? It would trigger capital gains and provide tax revenue for the government. I think 5% is very high depending on the company, but in theory that could actually make for a more efficient market, because it allows for others to then re-buy those stocks later and that is useful information on sentiment for the market.
Starlink makes a lot of money and is projected to grow. There is a ton of unrealized opportunity for revenue in low-Earth orbit technology and services. The infrastructure of the future will include space-based communications and higher and higher information bandwidth. That’s valuable af. That’s why people buy the stock for more. The idea of colonizing the moon and mars will come much much later and that is tbd in how one would make that profitable. The real bet is on Starlink in the 10-ish year time horizon, but we will see. Mine is a fairly mid-take.
But idk tho