How protection kills innovation in the protected environment!

[pooya87]

Also as the US government's budget deficit grows, they have been firing a lot of their employees. Some of them from national security related jobs!

Nothing new.
Argentine went thru s similar turmoil just Miley was consequent and upended half of his state aparatos. 
That in itself is innovative. Not so the US. Is that government now smaller?

The two can not be compared at all.
For example the Argentinian fiat is only used by Argentinian people so when they go through 200%-300% inflation for a long period of time, it only affects them. Conversely the dollar used to be a major global reserve currency and when it dumps the world dump it more and it can cause a higher inflation. So they can't let the inflation go to 2 digits let alone reach hyperinflation where dollar dumps HARD.

That's not to mention that there aren't dozens of countries bag-holding Argentinian government "debt bonds" but there are dozens of countries bag-holding trillions of dollars worth of US government "debt bonds" and if dollar starts dropping they'll dump it and it would crash US economy HARD.

We can even consider this from a geopolitics and the fact that US regime is desperately trying to cling to the power that is fleeing them every day. Letting dollar dump like Argentina did, would hasten that process...

Even from the corruption perspective, Argentina doesn't come close to the deeply rooted corruption in the US. You see a lot of those Trump has been firing, hold a lot of power and money and they have connections. Something that would create chaos.... Have you seen the violence in LA these days? Military is already deployed to keep things in control!

If the corrupt people's positions were to be threatened more things like this would erupt. And with the average American's life getting harder every day, it is very easy to create such chaos...

[WillyAp]

The two can not be compared at all.

No country can be compared to another. None ever.
That should be clear.

That's not to mention that there aren't dozens of countries bag-holding Argentinian government "debt bonds" but there are dozens of countries bag-holding trillions of dollars worth of US government "debt bonds" and if dollar starts dropping they'll dump it and it would crash US economy HARD.

Every country exporting and issuing bonds have debts.
The title of the thread say protection is killing innovation. Here Argentine is a perfect example.

[Nanga Parbat]

That's not to mention that there aren't dozens of countries bag-holding Argentinian government "debt bonds" but there are dozens of countries bag-holding trillions of dollars worth of US government "debt bonds" and if dollar starts dropping they'll dump it and it would crash US economy HARD.

Every country exporting and issuing bonds have debts.
The title of the thread say protection is killing innovation. Here Argentine is a perfect example.

Industries of country play important role for the financial success of the country. Many industries are important when we concern with economy. Car industry is producing accessories of Car and there are thousands of people who are Working in these industries and will be skilled person in few years.

Every country is trying to protect Car industry but there should be persons with free mind if we want innovation in that country. Innovation needs  freedom because we want new inventions in the market and that is not possible if government will ban many good things in the industries.Industries are best part of World and that is producing skilled persons because people are prepared in that for the new inventions.

[JiiBs]

The US has been doing really well, and these chaotic tariff threats and policies are not in the interest of the US citizens.

Has it?
I don't think you can consider $37 trillion national debt and a budget deficit that surpassed $1 trillion for fiscal year 2025 as "doing really well". In fact the reason why the US government is desperately trying to increase its revenue through tariffs is because they aren't doing well at all.

When you look at those 2 figures, the difference tells a clear story and the worst of it all is, despite efforts to reduce it, it’s still finding ways to increase. When I first saw this, you start to wonder how did it get that far but it did and it’s real. Even then, the IMF are always open to offering more loans to nations that needs it and you wouldn’t blame them, it’s the business they are in, keeping the debt on the rise.

[peter0425]

That's not to mention that there aren't dozens of countries bag-holding Argentinian government "debt bonds" but there are dozens of countries bag-holding trillions of dollars worth of US government "debt bonds" and if dollar starts dropping they'll dump it and it would crash US economy HARD.

Every country exporting and issuing bonds have debts.
The title of the thread say protection is killing innovation. Here Argentine is a perfect example.

Industries of country play important role for the financial success of the country. Many industries are important when we concern with economy. Car industry is producing accessories of Car and there are thousands of people who are Working in these industries and will be skilled person in few years.

Every country is trying to protect Car industry but there should be persons with free mind if we want innovation in that country. Innovation needs  freedom because we want new inventions in the market and that is not possible if government will ban many good things in the industries.Industries are best part of World and that is producing skilled persons because people are prepared in that for the new inventions.

Industries are not simply important factors to the economy. They quite literally drive the economy. They produce jobs, goods and services. The money circulates because of these industries. There’s exchanges of money. Buying and selling. Salaries.

There’s many industries in the world and innovation is quite literally the thing that keeps it alive and makes it move forward. Industries grow because of innovation and without it, economic growth will be stunned.

[Mate2237]

Honestly, other nations will end up selling and getting better to other nations, whereas USA will end up staying behind, because if others can't sell to USA, you think they will just keep getting American products?

If Hyundai can't sell to USA, you think Ford could sell to them? Of course not, and that would cause so much problems. And this is terrible for small business but even worse for big ones. Think of it, 100 million dollars spent by some big company to get something, could become 150 million with new tariffs, how are they not going to make the product sold for more? They will. Apple for example is the biggest one and that should be giving you enough example that none of these will mean anything in the end.

Your right this is what America under trump is failing to realize that if America doesn't wants other countries to sell their products to America they too should be prepared not to sell their products to other countries what I see is that America is trying to dictate what others countries should sell or not especially as it concerns the production capacity of other nations adding a trade tariffs other nations is a threat to These countries and you expect them to react.




The world is going towards a period where every countries will be dealing on the basis of mutual respect for each other this can be done on the basis of mutual trade importing and exporting from each other between two countries not a situation like this where only one country dictates what happens in the world global trading market

[WillyAp]

Industries are not simply important factors to the economy. They quite literally drive the economy. They produce jobs, goods and services. The money circulates because of these industries. There’s exchanges of money. Buying and selling. Salaries.

Nope, the middle class, the PYMEs, KMU, sMEs drive development and the economies of this world.
Countries having a healthy middle class plus sMEs thrive, and that is the very reason way left leaning government wish to destroy them 1st.
Simultaneously bearing of arms gets penalized.   

Pay your pensioners a healthy well earned pension and the economy jump-starts.

[Mate2237]

Honestly, other nations will end up selling and getting better to other nations, whereas USA will end up staying behind, because if others can't sell to USA, you think they will just keep getting American products?

If Hyundai can't sell to USA, you think Ford could sell to them? Of course not, and that would cause so much problems. And this is terrible for small business but even worse for big ones. Think of it, 100 million dollars spent by some big company to get something, could become 150 million with new tariffs, how are they not going to make the product sold for more? They will. Apple for example is the biggest one and that should be giving you enough example that none of these will mean anything in the end.

True this whole trade tariffs is an indication that the America economy is afraid of competing with other economies in terms of trade which to me has to do with the quality of their export to others nations if the America economy is not truly afraid of competitors it will not go this way.


China is a good example of this China penetrations to other markets is as a result of how they exposed their economy to completion with other economies which made them to realize the areas that they are lacking while improving their products quality so one way that will help any economy grow is competitive environment

[WillyAp]

China is a good example of this China penetrations to other markets is as a result of how they exposed their economy to completion with other economies which made them to realize the areas that they are lacking while improving their products quality so one way that will help any economy grow is competitive environment

May the thread should be renamed? said and done: Just did that.
How protection kills innovation in the protected environment?
In China the opposite has taken place:

Traditionally, it took four to five years for a car to go from a sketch on a blank piece of paper to a production model. In the fast-moving electric vehicle era, Chinese automakers are tearing up that playbook.

They’ve cut EV development timelines down to just two years, heralding a new era of rapid-fire rollouts. The approach is less like Detroit and more like Silicon Valley. New cars in China now arrive with the frequency of smartphone or laptop upgrades.

Naturally, traditional automakers are being forced to reckon with the warp-speed development cycles coming out of China. Even Toyota—the world’s largest carmaker by sales—has been rattled. It’s struggling to keep pace in a brutally competitive Chinese EV market where brands like BYD, Xpeng, Zeekr and Chery are duking it out for supremacy.

Found here: https://insideevs.com/news/764698/toyota-flabbergasted-by-byd-ev-speed/