Economics Thread

sturg33 said:
My preferred outcome is that the government doesnt seize American businesses, and thwt was your preferred outcome all the way until Trump said actually socialism is awesome
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“Seize” is how you interpret an ownership interest that would be a baseline expectation from any prospecting company to ensure security?

Again - your desired outcome then here is no additional oil extraction. Duly noted.
 
It’s the fault of an actual communist that companies are going to expect a security guarantee but sure let’s blame Trump here. It’s hard to make up the level of insanity with this take here.
 
sturg33 said:
Thank you for duly noting I hate government taking over private enterprise

Im surprised you are surprised. Im not surprised you have gotten on board
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I’m surprised you’re satisfied with an outcome of no additional oil extraction from Venezuela is my actual position here. Seems like a counterproductive approach but ok
 
sturg33 said:
Right and intel was needed for national security against China oh and also we are gonna give China chips they need to compete with us
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Can you describe so far the negative impacts of trumps move with intel? What has it prevented from happening? What has it interrupted?

After that - please let me know all the negative outcomes of the government taking partial ownership of AIG after the 2008 recession?
 
chop2chip said:
Do you really not see the downside of government putting its thumb on the scale (with respect to taking direct interest in choosing winners in a market economy).

https://twitter.com/x/status/2010509516958212274
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I understand the reality and that no decision maker worth his salt would go into Venezuela and invest without a guarantee form the US. Easy way to make that is through ownership in this scenario.

Otherwise we could just let it sit in the ground forever being pumped with archaic machinery that is worn down.
 
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