/biz/ - Business & Finance

>>30258843
Also don't stop letting France and Denmark upcharge our consumers and insurers 5x on insulin for which they maintain a near 90% market dominance! We wouldn't want to upset our "European Allies"®!

>>30090147
This. Chinese mercantilism with zero pushback led to this.

>>28622323
In many ways it's more capitalistic than any of the conventional western countries.

>lower taxes
>lax IP laws

With one major exception: like the US did up until the early 1900s China has strong import trade restrictions and engages in what's called "mercantilism"; basically they take advantage of low or no restrictions on their exports while engaging in punitive restrictions on those of other countries. While they're not "the highest in the world" they are over twice that of the other major economies at 34% on average

>>21801262
https://www.defendingdemocracytogether.org/national-security/

In the end it's all about pic related:

Certain people in the Democrat and Republican parties stand to lose a lot of money the more we gravitate away from the current arrangement in which Europe and Asia gain ground on us year after year, riding the coattails of our senseless and expensive military hegemony, our one-sided trade relationships etc.

>>20258635
I'll try and look into it with an open mind-but it's hard to ignore the fact that the country is doing so terribly despite this supposed advantage which is apparently worth maintaining a global military hegemony that our allies and enemies alike are seamlessly able to exploit.

>>14923992
>for no reason

Kill yourself Eurokike

>>14819543
based and redpilled

all other replies are literally kikes

>I'M WITH BETO O' SANDERS
>PLEASE EUROPE AND CHINA KEEP LOCKING US OUT OF YOUR MARKETS AND DEFERRING 90% OF THE COST OF PHARMACEUTICALS TO US! SLAVERY REPARATIONS AND FREE ILLEGAL IMMIGRANT HEALTHCARE AND HOUSING NOW!

>>14767742
>*50+% of their income (if they're anywhere over the bottom 10th percentile anyway)

There's a reason healthcare wasn't the monumental problem 30 years ago that it is today. It's a preponderance of market and demographic problems that no command-economy style apparatus would fix, but could be better alleviated by going in the opposite direction.

>and only pockets the sales tax on non-cash transactions.

Meant only 'paying'. REEEE

Anyway, he's probably getting every kind of small business grant and tax subsidy as well.

https://www.youtube.com/watch?v=RxJ3Lsi3Vgk

>>14564148
>"late stage capitalism"

Oh, so that's what it's called when almost every major country in the world locks your countries' companies out of their markets using anti-competitive regulatory practices, eventually forcing your entire population into the McService industry-and when doubling down on failing legislation drives up the cost of healthcare, real estate and higher education to unsustainably high levels over the course of a few short decades. I was wondering what the proper term for all that was

>>14509407
They're being robbed to pay for the children they aren't having (http://worldpopulationreview.com/countries/total-fertility-rate/)), the healthcare they practically don't need (compared to the U.S. with its obesity problem, a diabetes epidemic etc.), and the pharmacological products they have access to ostensibly for free (only made possible through exploitation of the U.S. consumer), all while living in isolated, historically unprecedentedly positive market conditions made possible exclusively by U.S. military hegemony.

The fact you think that the individualized systems in the EU, many countries among them having a population less than a 30th the size of the U.S's, have is even tenable for the U.S. shows what a dunning-kruger surface level thinking brainlet you are. You think Finland or Sweden would survive as-is with 50 years of economic migration, 15% of its population having an average IQ of 85 (which looks like this if you're not familiar: https://youtu.be/WlkfEcN6ycc)) or actually having to pay for the drugs their healthcare system has access to only by way of a third party? If you did then couldn't possibly believe that now because you'd have been proven wrong.

>>14509071
So Sanders stopped believing in Medicare for All or are you admitting these numbers, in which a 1.6 trillion dollar loan forgiveness program that is taken from the public and put right into the pockets of the people that caused the crisis, should be even higher? lmao

>>14410579
This.

>Higher Education Act of 1965 creates tuition pricing bubble by guaranteeing loans from private banks of "whatever the dean of admissions at [x] cares to charge", as a result over 100 million people who'd otherwise be just fine are struggling because they have $500~ a month student loan payments
>FDA increases cost of drug approval from 400 million inflation-adjusted USD in the mid 20th century to 2+ billion today causing the price of pharmaceuticals and the closely-related costs of general healthcare to spiral out of control
>Federal government fails to protect American consumers from foreign market protectionism, particularly when it comes to pharmaceuticals; US citizens end up paying unsustainably high prices for both new and legacy pharmacological products produced in both the US, Asian and Europe so that European citizens and others can pay unsustainably low prices while still
>US government passes the Immigration and Nationality Act of 1965 (https://www.latimes.com/opinion/op-ed/la-oe-1002-hong-1965-immigration-act-20151002-story.html)) allowing for non-european immigration and includes clauses incentivizing mass migration like birthright citizenship and sponsorship
>US government allows tens of millions of illegal immigrant as well as legal immigrant laborers to send money tax-free back to the countries they came from where the currency exchange rates are so favorable that the immigrant laborers can be making half as much of what a domestic laborer was and still be better off; particularly as they often live in rental houses barracks-style with sometimes dozens of people in the same home.
>Europe and Asia use tarriffs for decades to ostensibly lock American producers and manufacturers out of their markets while freely competing in America's

JUST

>advocate taxing the balls off of your own country's companies to insolvency because they need to pay "muh fair share"
>reject taxing the balls off of other country's companies or companies that outsource through the application of tariffs on voluntarily purchased goods because "muh prices will go up (as if they fucking wouldn't when raising taxes on the former you stupid cocksucking dicknigger idiot retard faggot)"

HOLY FUCK

Europe's system only seems "fair" to them because first of all they're fucking effeminate retards and also because America's has been (((mismanaged))) directly on their faggoty dunning-kruger behalves for so long. In Europe you pay income and sales taxes like WW2 never ended to pay for the kids no one's having (the EU territory population only increased by 25% or so over the last 60 years-America's has very nearly doubled, but that's also in large part to a "refugee crisis" that's lasted more or less just as long), the illnesses the gratifyingly health conscious triple digit IQ population isn't contracting and the military it isn't funding (despite a certain important international agreement meant to intimidate possible challengers to western hegemony entering the world stage like China).

Europe's system relies on material economic protectionism where they dump products into the U.S. in particular duty-free and face zero foreign competition in domestic markets because no one's going to turn around and buy an American compact car for 35% more than a European one by fiat default as one example. This truly vulgar arrangement is particularly evident in the healthcare sector where companies like Sanofi and Novo-Nordisk (two European companies who control 72 percent or so of insulin production world wide) charge EU and third world countries unsustainably low prices their company wouldn't even break even on and charge unsustainably high prices to their "allies" in the U.S. to the point where people are literally dying in the street-and through all that we have to hear their little gay command economy surface level success story used as an anecdote for why the completely unrelated system of ccommunism works (it doesn't lmao) by literal dick sucking faggot trannies. FUCK (YOU)