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Comment Re:China gov't over-subsidized in (Score 1) 195

Chinese citizens get cheap cars funded by government R&D money.

Who's been dicked here?
The car companies take government money and build cars
The car dealers buy them real cheap and sell at a profit
The consumers get cheap cars

The only ones "losing" money are the government. But they're just printing it. And building a massive manufacturing industry with development capability as well. Selling on a global market to everyone else at prices no one else can compete with.

Comment It's not going to crash (Score 1) 195

These people don't seem to understand that China is not capitalist.

The Government won't allow it. They'll fund failing companies, write off debts, what every they want to keep things going.
All of these companies have Government representatives on their boards. A large number are partially Government owned.

Comment $32... for first and business class airfares (Score 4, Informative) 40

Only $8 for premium economy on a long haul flight across the Pacific.

In terms of relative prices, a economy flight from LAX might be $900, premium economy $1,500 and business class is more like $12,000 and first class is $20,000

So less than 1% tax. 0.5% for premium economy and 0.16% for first class.

Comment Job security? (Score 2) 106

Maybe people want to work somewhere that isn't a random startup in an immature industry, where most of them won't exist in 6 months time.
As soon as these startups fail a round of funding, they're gone. If they're "successful" they get bought out and all the employees either get fired, or have to sign new contracts. Goodbye $500k salary, I hope you had a large stock option.

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