Comment by beacon294
14 days ago
The Chinese government is playing the "kill competitors with price cuts" game on the national level by not floating their currency AND subsidizing their major international tech. Eventually someone will foot this bill. They hope the marbles they gain will be worth the cost.
Nothing stopping the US government making big bets of its own. But perhaps it has in military tech. At any rate, the free market ideal has been proven as fallible as any ideal in practice
so has this ever happened in the past, or just baseless speculation at this point? this thread is chock full of china experts telling us with certainly what china is going to do (justified with a lot of "just trust me bro") but I'm not seeing a lot of evidence