this post was submitted on 20 Jun 2024
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Automotive Industry

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Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’ (fortune.com)
submitted 8 months ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 8 months ago (15 children)

US companies shouldn't bother with China until China is a functioning democracy, which may be never, but there are hopes.

[–] [email protected] 12 points 8 months ago (1 children)

The US is a functioning democracy?

[–] [email protected] -2 points 8 months ago

Idiocracy is also a functioning democracy, and still better than authoritarianism.

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