Comment by aswegs8
17 days ago
But will they? How greatly are they leveraged? Even if the economics don't work out anymore, they'll be able to sell capacity, pivot, etc. without causing an implosion.
17 days ago
But will they? How greatly are they leveraged? Even if the economics don't work out anymore, they'll be able to sell capacity, pivot, etc. without causing an implosion.
> But will they?
Yes.
> pivot
Unless they pivot to literally turning shit into gold, it's going to be a hard no.
Realistically, they'll be bailed out by the government. That's what will happen. Because China can't win.