DeepSeek showed why US regime cannot win an economic war on China!
⭐ Merited by EFS (5)
I've talked about what capitalism has done to the US economy (to put simply anything is super expensive in the US) in the past, now we are seeing more and more examples of it. Like the new AI that the Chinese revealed that overnight crashed the US tech stock and wiped out about a trillion dollars as the US tech giant stocks dumped hard.
Now when we compare the investment that has gone into them we can understand that difference a lot more clearly. A $6 million investment in Chinese DeepSeek versus hundreds of millions of dollars put into American versions of the same thing apart from billions of dollars of funding they receive! For example in the lasted fundraising ChatGPT alone is trying to raise $40 billion!!!
If this is the size of this massive gap in every field, the Trump's Tariff war is not going to cut it! Even with 100% tariffs certain Chinese products may still remain cheaper to purchase than anything produced inside US. Same with other countries' products.
And that's without considering Chinese (and others) retaliating, otherwise if they show some more DeepSeek-style retaliation that wipes out trillions at a time, the US economy may not be able to handle it and the Ponzi scheme could fall apart sooner than expected.
This obviously helps dedollarisation as well. As Trump keeps threatening the world and continues weaponizing the dollar, the world is also seeing how unreliable US economy is which means now BRICS, SCO and other organizations become more appealing... Trump seems to be seeing that too. We can see the palpable fear and desperation in one of his recent posts on his own mouthpiece platform:
What's funny is that the main reason why he could attract so many voters in America was because he promised them to fix the terrible US economy and make it "great", now overnight he claims US economy is "wonderful" and he will impose huge inflation on Americans (that is what 100% tariffs would do).
As I said the fear and desperation is palpable...
Now when we compare the investment that has gone into them we can understand that difference a lot more clearly. A $6 million investment in Chinese DeepSeek versus hundreds of millions of dollars put into American versions of the same thing apart from billions of dollars of funding they receive! For example in the lasted fundraising ChatGPT alone is trying to raise $40 billion!!!
If this is the size of this massive gap in every field, the Trump's Tariff war is not going to cut it! Even with 100% tariffs certain Chinese products may still remain cheaper to purchase than anything produced inside US. Same with other countries' products.
And that's without considering Chinese (and others) retaliating, otherwise if they show some more DeepSeek-style retaliation that wipes out trillions at a time, the US economy may not be able to handle it and the Ponzi scheme could fall apart sooner than expected.
This obviously helps dedollarisation as well. As Trump keeps threatening the world and continues weaponizing the dollar, the world is also seeing how unreliable US economy is which means now BRICS, SCO and other organizations become more appealing... Trump seems to be seeing that too. We can see the palpable fear and desperation in one of his recent posts on his own mouthpiece platform:
The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER. We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another sucker Nation. There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!
In other words he is isolating America What's funny is that the main reason why he could attract so many voters in America was because he promised them to fix the terrible US economy and make it "great", now overnight he claims US economy is "wonderful" and he will impose huge inflation on Americans (that is what 100% tariffs would do).
As I said the fear and desperation is palpable...