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Cake day: August 29th, 2024

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  • Nobody subsidizes on the same scale as what China is doing. Nobody operates entire market sectors at a loss for strategic advantage. The reason why China is doing this is because they’re comfortably in the lead among world powers and can afford to lose a bit, and also: everything is a weapon in their eyes, and they’re determined to use their weapons on everyone else.

    EDIT: Although I do admit the Oil Industry is pretty equally cutthroat, Saudis weaponize crude and Russia weaponizes Natural Gas.