American Economics Thread
- Thread starter Bernard
- Start date
Should I let SleepyStudent out of the cage so we can ask him for an explanation or should I wait a few more months till everyone is out of a job?
The US "rule base order" way would to be go after payment processor or isp which will make tiktok have no economic incentive to keep us customers.
Seeing his/her mental acrobatics might be a sight to behold.
IMO, China would or should not let a sale. It will hurt western back investors, american jobs, and also show in a small part to the american population that their government is also "authoritarian"
Yes, the way to go is to keep forcing them to turn up the heat and worsen their living standards in their home. The cold war is a siege, and every time China surpasses America in a certain tech sector, the American regime will be faced with the choice of allowing China to profit passively off rent provided from said products, or ban their citizens from using it, which will only exacerbarate their backwardness.
Thereby, they will gradually be encircled out of all global markets, US citizens will be stuck using only low quality and unproductive American homemade - while seeing even the denizens of third world countries let alone rich countries surpass them in consumer goods.
The only extent Tiktok can be "sold" would be as a separate branch for America only, operating still under the auspices of the parent company but answering to the bare minimum American censorship only in America, cut off from the international variant.
Didn't China already block the Tiktok sale back during the trump presidency by putting the recommendation algorithm under export controls? Technically they can still sell Tiktok the platform and service minus the recommendation algorithm but then it will just be another crappy short video feed like youtube shorts or instagram reels. IMHO, China should just call the US politician's bluff. Let them ban it and deal with the backlash from Gen Z and Millenials (bye bye Democrat voting base) and watch them workaround it or if they find the cost too high they can let it remain with conditions like data localization, protection, etc. Just like people in China can use FB, twitter, IG, etc even though they are technically "banned" the same will happen to a TikTok ban in the US. You would basically have to turn yourself into North Korea (the irony) to stamp it out. At this point Bytedance/China hold most if not all the cards in this scenario.
New argument unlocked
Bailout the bank because of Great Power Competitions!!11!!1
Holy cow they found an angle to blame China!
With the massive amount of layoffs worldwide, I think it's a good time for China to start hiring overseas talent.