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Sounds like they made a lot of money they wouldn't have otherwise. If they're not making that in the future, that's still better than the alternative.

You could always sell to the rest of Europe, but since they're in a fiscal union with you and you refuse to deficit spend, they're not very good customers.




The problem is the car manufacturers are massively leveraged against and now China has our economies by the balls. All the CCP needs to do is squeeze them and we're in for many years of pain as we unravel our unhealthy dependency on both China and the automotive industry.


That seems more like a mismanagement of risk outside of, and confirming, the windfall from the overwhelming success of the export promotion.




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