Ferrari Mailing List: Re: This is crazy

[Peter Rychel (dino308gt4]

You can also thank all of the QE/stimulus spending over the years to drive currencies down into the dumps (first with the self-inflicted ‘08/’09 housing market crisis and now this).

 

But even China is getting too expensive to operate in. They’re farming out production to cheaper neighboring countries. I don’t think you can incentivize enough to bring that level of tech back to North America (which only causes further inflation if you’re handing out money at those levels!). Sure, Intel is building ginormous chip fabs in Arizona, but how much of a dent is that going to make on the market? Asia still holds more than 80% of production and they’ve built that up over decades. To amortize that Arizona plant (@ $20B total) each chip is going to loose money that really, they’ll never make back. Unless they can churn out trillions of them (and that depends if they can get enough material!).

 

Back to cars, it really is wide-spread. My local GM dealership is a ghost town – I’ve never seen the parking lot that empty...

 

Peter

 

Sent from Mail for Windows

 

 

From: Anthony Bauco
Sent: January 31, 2022 5:58 AM
To: PeterGT4
Cc: The FerrariList
Subject: Re: [Ferrari] This is crazy

 

Step 1: Open trade with communist country.  Thanks Nixon.

Step 2: Say nothing and do nothing as more and more companies ship manufacturing to China.  Thanks to every president from Nixon to Obama.  Now our national security is in China's hands.

Step 3: Try to even the playing field by imposing tariffs with the hope that companies will shift manufacturing back to the US.  

Step 4: Impose crippling mandates that will crush businesses and supply chain infrastructure due to virus released by China (retaliation? gross incompetence?)

Step 5: What the fuck do we do now?

 

The future of the entire world depends on what we do now.  Will people bitch and moan if we spend money to incentivise companies to move manufacturing back here instead of giving free shit to buy votes?

 

On Mon, Jan 31, 2022, 2:22 AM Robert W. Garven Jr. <rgarven [at] gmail.com> wrote:

150k over sticker!!

 

https://abcnews.go.com/amp/Business/control-buyers-paying-thousands-sticker-price-cars/story?id=82489039

 

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