• CaptnNMorgan@lemmy.world
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    15 hours ago

    That makes zero sense. How do they benefit by selling and manufacturing cars in other countries, if not by making money?

    • 60d@lemmy.ca
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      14 hours ago

      Weird, right? So people make money while working for Ford, for example.

      Ford the automaker gets paid and makes “profit” in Murca.

      Profit goes to the 1%. The 1% contributes nothing to the economy by dodging taxes and securing a greater share of the overall wallet in Murca.

      This causes inflation because there’s less money circulating. Huh. It’s almost like the profits do nothing, despite what Reagan told you.

        • 60d@lemmy.ca
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          3 hours ago

          It’s bad, but it’s such a small slice of the pie, and accomplishes nothing except the accumulation of wealth at the top 1% who contribute nothing to the society they’re in.

          Of course it would be slightly better if we had wholly Canadian-owned auto makers but I’m pointing out that it’s not much better. Ford Canada is already a thing. Honda Canada is already a thing.