Comment by constantcrying

People do not realize how dire the current economic situation is. Many of the large traditional businesses are on the verge of becoming unprofitable.

The monumental task of ripping out the IT systems they have built up over the last few decades, to move away from the US will actively threaten the existence of some of these companies.

People are living in a fantasy land where e.g. Germany has an enormous automotive industry which can be arbitrarily regulated and still be profitable enough to keep the German economy afloat. This is non longer the case and many EU companies are currently struggling for their existence.