Comment by Fnoord

> European money is vacuumed out of the private sector into state pension funds and dumped into low yielding government bonds.

Which countries do that? The ones in NL actually invest in US big tech.

Once Europe stops investing in USA, Europe will be better able to compete.

> Talent & compute: due to #1, Silicon Valley can outbid Europe for the best talent and hardware. Watch an OpenAI launch video and listen to all the European accents.

That just denotes European students are high quality.

Brain drain is happening due to bullying and fascism. The extend of longterm danage of current administration is unclear.

> Local market fragmentation: Europe is a collection of countries that pretend to work together while not even having a unified capital market. The average EU citizen can barely communicate with their neighbor in a common language beyond the level of a toddler (english fluency is massively overstated by Americans who only experience tourist capitals).

Bollocks. I have been in Berlin and Munich various times past decades, and people there speak English very well. Nowadays, translation is a profession which got hit by the AI club.

The people in the rural areas don't have to work together with other people from rural areas. They just need websites and tooling in their native language, or a major language.

Case in point: the French company Mistral has Dutch company ASML has one of their major investors. If you go to Eindhoven area (Netherlands mini SV called Brainport Eindhoven), you get away with English perfectly fine, and there too you will hear all kind if accents.