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Comment by 0xDEAFBEAD

1 month ago

So initially MasterCard/Visa profits in Europe are "protection money".

Then it comes out that MasterCard/Visa fees in Europe are actually far lower than in the US.

Now the Europeans are laughing at the Americans for being suckers.

This interaction basically sums up the entire EU/US relationship and the absurdity of Europe's rhetoric around it. Copy/paste this template, change a few words, and it applies pretty much everywhere.

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0xDEAFBEAD

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hermanzegerman  1 month ago

We don't laugh at Americans for being suckers, we feel sorry for them that they have to live with all this nonsense, and their current horrible administration.

And we also look with horror because most of the bullshit in the US is coming to Europe with a 20 year delay