I meant that in a car with the same level of technology, safety, and power, the price is a lot more attractive for any consumer to buy Chinese.
Those low prices are completely artificial though which is the entire root of the issue. They achieve those prices by protectionism over the base minerals, lax environmental regulations, slave labor, and massive government subsidies. These artificially low prices will only last as long as it takes to put everyone else out of business. China does this over and over in so many industries that it should be completely obvious to anyone paying attention.
You're falling into the same trap that I described assuming that the Chinese vehicles are of a lower quality on average which is completely not the case anymore. Not in technology, not in safety, not even in design in the most recent models.
Second, using the lowest bar for the price of a vehicle is a weird way to gauge world interest in vehicles. There have always been dirt cheap cars with next to no features other than an engine, produced in India or Japan for certain markets. I'm not talking about those in general.
Not at all. I think the $1000 EVs are low quality but this isn't a blanket statement about everything manufactured in China. I also recognize that consumers on average will choose price over pretty much any other aspect of their purchase which is why companies like Walmart are so successful despite being plagues on society. Additionally, having these insanely cheap vehicles for sale makes it quite easy to boost "sales numbers" when you can sell 20 of something for the same price that your competitor sells one. The article states the average sale price of these vehicles is $14k which isn't something anyone else in the world can compete against at scale without the same dirty tactics, so its no wonder China is selling higher volumes especially when they have 1.4 billion citizens to sell to.
For example Chinese automobiles are absolutely dominating the markets in regions like UAE, Saudi, Kuwait, Qatar where the target consumer wouldn't think twice about paying for a Bentley or any European marque.
What percentage of sales does that account for though? Any market whether cars or furniture always has some segment targeting high-end sales. I don't find it surprising at all that they're taking that over as these are always the most volatile segments of any market. What do Bentley or Rolls Royce have to offer for a million dollars other than status and brand recognition? Not much.
But objectively, if I lived somewhere where the vehicles that were available in the middle east were sold, I wouldn't think twice about getting a luxurious powerful car for the price of a Camry in the states.
Which would be a rational decision for pretty much anyone at the individual level but irrational and catastrophic on a macro scale. As I mentioned, these prices are completely artificial and temporary. What may feel like a personal win today will likely lead to devastation later as this is a play at monopolization and domination not generosity and altruism, but most people won't recognize or acknowledge this and don't see anything past the 'unreasonably low price' bait being dangled in front of their face.
You literally just said "it doesnt matter how good they make them." If they did have a good EV, you'd complain that it was too expensive. If they cut the cost and quality, you'd complain that it wasn't worth buying. They can't beat China at this game without using all the same tricks I mentioned in my previous comment. Nobody in the world can do that.
Why do they need a good EV at this very moment? Worldwide, EVs only make up 20% of new car sales. Their hybrids outsell EVs 3 to 1 here in the US. They're about to release their solid state batteries and manufacture EVs this coming year with double the range of the current technology. They've also been exploring additional alternatives such as hydrogen fuel cells. What's the rush, exactly? How is that "having their heads buried in the sand?"
Are you arguing that they would be better suited to have dumped tens of billions of dollars trying to "keep up with the Jones's" by developing the same bleeding edge technology in parallel with everyone else? Would they be kings of the automotive world witn something like the Nissan Leaf in their fleet? I seriously doubt it.
So should they cut quality, cut safety regulations, use slave labor, cut environmental regulations, and dump all their tax dollars into subsidizing your car purchase in order to put themselves on more equal footing with China? You're advocating for a race to the bottom so that you can consume more cheap junk.
If you want to see the result of beliefs such as yours, we can once again look to Walmart and what it has done to the local economy of every single rural community that it has moved into.
Yeah they should definitely toss out the quality and reliability they're known for and start pumping out $2000 EVs, so that I can buy a new car every year after scrapping the last one and feel good about doing my part to protect the enviromment.
You think people are buying these because of their technological advantages and not because they're selling brand new cars for as little as $1000? That's like arguing Walmart is the biggest retailer in the world because they offer the best quality merchandise and we all know that isn't true.
Its an interesting abstract but unfortunately doesn't include the data or breakdown of methodology without having Lancet access.
Members of the Independent Scientific Committee on Drugs, including two invited specialists, met in a 1-day interactive workshop to score 20 drugs on 16 criteria: nine related to the harms that a drug produces in the individual and seven to the harms to others. Drugs were scored out of 100 points, and the criteria were weighted to indicate their relative importance.
Decriminalization isn’t anywhere near the same as legalization. One means you wont go to jail when you get caught with it despite it being illegal to sell, while the other means it's legal to possess, buy, and sell.
I'm also curious about the rates of users to deaths and not just total number of deaths as most adults use alcohol at some point while only a tiny percent use stuff like meth or heroin.
Obtaining a CLN to demonstrate relinquishment of U.S. citizenship has become a lengthy process with high barriers. The total cost of renouncing U.S. citizenship for a person in France, including the cost of preparing the related tax paperwork, has been reported to be € 10 000 – 20 000 on average.[29] Allison Christians of McGill University and Peter Spiro of Temple University have suggested that the complexity and cost of the process, especially the $2350 State Department fee and the potential penalties for failure to file related tax forms, may constitute a breach of the U.S.' obligation not to impose arbitrary barriers to change of nationality, particularly when applied to accidental Americans who have few genuine links to the United States.
It's not simple at all and while you can just not file taxes, that's no guarantee you'll get away with it much like someone living in the US not filing taxes.
Also lottery winnings is not capital gains income it's gambling income and they typically take the taxes out before paying you your winnings. Even casinos do this if you win over $1500 at once on a machine for example.
Lastly, the premise being put forth here is that someone is using the Caribbean citizenship as a "tax haven" while still living and earning money in the US, not someone leaving the country and never looking back.
The article is referring to Caribbean taxes not US taxes. If you have US citizenship, you have to pay taxes to the federal government regardless of where you live, work, or earn your money, and don't lose your US citizenship just because you become a citizen of another country.
It doesn't really matter what everyone else is doing if we're talking about our own individual situations though it would be a good idea to check the local job market before comitting.
Meanwhile if I had 2g of weed concentrate, the same 2g I just bought at the local dispensary on my lunch break, I'd be looking at a felony with at least a year in prison and a minimum $20k fine.
I cant help but think these are just some of the questions asked but the irrelevant ones got removed.