Clearly in this case very destructive, constuctive gets people to the moon and back.
With retaliation loading from Beijing , looks like this company is dead/on life support going forward.
This action has benfitted none of the entities involved and even the thinly veiled excuses of securing EU chip supply are moot.
It benefits the US just fine. Just like Germany moving it's production facilities to the US after dismantling its own energy infrastructure suites the US just fine. As witnessed by BASF shutting down German production, while scaling up US production.
At least short term it does. Long term however, hollow shells of allies drag you down, whereas strong allies are more beneficial.
But I still remember the US stating they will not tolerate Germany if they dare to vote against them in the UN security council back when they were talking about destroying Libya[1]. Back then I thought Germany couldn't fall any lower with such a weak foreign minister, but here we are.
Erm - there is such thing as the concept of strategical industries. And it is neither a European thing or a modern thing either, but don't let that stop you from spouting a narrative where Europe is the bad guy in an international landscape where they have transferred voluntarily or not such much technology to China.
Clearly in this case very destructive, constuctive gets people to the moon and back. With retaliation loading from Beijing , looks like this company is dead/on life support going forward. This action has benfitted none of the entities involved and even the thinly veiled excuses of securing EU chip supply are moot.
It benefits the US just fine. Just like Germany moving it's production facilities to the US after dismantling its own energy infrastructure suites the US just fine. As witnessed by BASF shutting down German production, while scaling up US production.
At least short term it does. Long term however, hollow shells of allies drag you down, whereas strong allies are more beneficial.
But I still remember the US stating they will not tolerate Germany if they dare to vote against them in the UN security council back when they were talking about destroying Libya[1]. Back then I thought Germany couldn't fall any lower with such a weak foreign minister, but here we are.
[1] https://www.theguardian.com/commentisfree/2011/mar/18/libya-...
> constructive gets people to the moon and back.
NASA is a government agency, there was no “state capitalism” in that case. Of course NASA used private contractors, but it didn’t own them.
Unchecked late stage capitalism isn't better, either.
Don't pick your poison, mix them together! Industrial policy for losses, rent-seeking for profits.
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Erm - there is such thing as the concept of strategical industries. And it is neither a European thing or a modern thing either, but don't let that stop you from spouting a narrative where Europe is the bad guy in an international landscape where they have transferred voluntarily or not such much technology to China.
Do you think this move is going to advance the cause of European domestic technology production?
Almost everything can be seen as strategic.
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