hark

I hope their plans blow up in their faces.

The broken dream of corporate executives to exploit China 😢

He hasn't realized he's just a tool yet?

For me it's more like I feel that the money could've been used better elsewhere. There is also the nagging feeling that I overpaid for something and I end up checking the price for a while after buying the item to see if it gets cheaper. This only gets more maddening with algorithmic pricing.

The urge to save up is definitely strong and it isn't helped by all sorts of people screaming about how we all need to save for retirement and being responsible with money which is contradicted by the economy depending on spending. If everyone was a big saver, then those companies wouldn't be reporting high profits and these already unjustifiably high valuations would be even less justifiable.

Money should be a means to an end, not an end itself. I save because I value early retirement highly, but I still spend money on other things to enjoy myself while I'm still young. Constrained spending helps you figure out what is most important to you, but overdoing it drains the enjoyment that would otherwise be there.

Is davos a gathering of villains hell-bent on making the world a worse place?

Good luck to them, but I have a feeling it will be about double that price when it exits the prototype stage and is actually being sold.

The market will shrug it off like it did with the tariffs (which were also supposed to tank everything) because line must go up no matter what. Maybe if the market regained some semblance of rationality it would recognize how bad things are, but that's not where we're at, so it's pointless looking at the market as some sort of measurement of anything to do with reality.

BYD and Xiaomi profit from their EVs.

Tips for billionaires to avoid the guillotine:

I'm told that Americans only want big expensive cars but for some reason the government felt the need to slap 100% tariffs on small inexpensive Chinese cars.

Before they were building mcmansions and charging a fortune for them. Now they're building sardine cans and charging a fortune for them. Much better.

The US heavily subsidizes its auto industry. Why is this being raised as a point against China? It's not China's fault that American auto companies use their subsidies to line their pockets instead of creating cheaper and better vehicles.