someguyornotidk
3 days ago
If this becomes the norm, what incentive does the rest of the world have to keep their markets open to the US?
If US companies have a large unfair advantage such that domestic competitors are no longer able to compete, then wouldn't it make sense for governments around the world to ban or tariff US products and services?
If I was responsible for national economic policy, I would place this at the top of my non-emergency agenda. The world needs to act quick before their industries fail.
pythux
3 days ago
It might not be a coincidence that POTUS wrote yesterday on Truth Social that 100% tariffs would be imposed on any country proceeding with taxing US' digital services.
graemep
3 days ago
Empty threat conditional on something that will never happen.
Most of the rest of the world is too heavily dependent on US digital services to tax them more heavily. From social media to hyperscaler's clouds the US is dominant and stuff will just stop working if they get taxed. There would be a huge pushback from businesses if their government increased the cost of things like AWS.
Edit: edit to say tax more heavily
9dev
3 days ago
…and the US is depending on other markets - mostly the EU and China - to keep growing their economy, because the domestic market is pretty saturated with tech already. This has ripple effects too, because 401k pensions depend on big tech to keep growing, so no administration can risk loosing big parts of the European market.
dboreham
3 days ago
They're thinking about taxing more heavily because some bright spark decided to tarrif their exports extremely heavily.
dlahoda
3 days ago
codex sub 200usd. in eu it magically becomes 200eur(hello beuracrates) plus vat. You already taxing 30%. That on top that I pay via mine already heavily taxes money.
Mistral experience was as miserable as running local models btw.
simmerup
3 days ago
We're only dependent on American services because we trusted America
Trump has ruined that, so now we'll be moving to build our own alternatives
graemep
2 days ago
> so now we'll be moving to build our own alternatives
We are taking our time about it and not being consistent. For example some European governments are moving away from US cloud systems, but they are also pushing apps that require American devices to work. There is very little movement of the private sector away from the US so much of the economy economy remains dependent on the US. The end result will be government clouds not dependent on the US, but that can only be used using US controlled devices, and a private sector still just as dependent.
dlahoda
3 days ago
What exactly American services did to you that stopped to trust them?
9dev
2 days ago
Nothing. It doesn't matter though. If we can't trust the US administration won't just apply 50% taxes tomorrow because some EU representative said something mean to the president, then we can't rely on goods or services exported by the USA anymore.
It's just chaotic. Chaos isn't good for business. What if Microsoft were instructed, on short notice, to block EU customers from using Entra over a trade dispute? If the identity provider of millions of European customers is suddenly unavailable, work grinds to halt. That's unacceptable.
Now you might say that sounds unrealistic - but would you have expected the American president to threaten an invasion of Danish territory? Or freaking Canada?
And even if the next administration turns out to be more "normal", we won't forget that American voters don't care about anyone but themselves - they wanted this. Twice. There is virtually no guarantee the same thing won't happen again in the future, and we all have seen how quickly fruitful business relations turned to shit over a pathetic narcissistic a-hole at the helm throwing temper tantrums.
Trusting the USA has proven to be a bad strategy, even for its closest allies. That won't change all too soon.
unanonymousanon
2 days ago
[dead]
9dev
2 days ago
Point taken, but as a European, it doesn’t really make a difference whether it was the election system or the popular vote - either way, this was possible, and there’s nothing to suggest it won’t happen again.
KptMarchewa
2 days ago
If they considered an alternative to him at least not better, what does that say about them?
cindyllm
2 days ago
[dead]
simmerup
3 days ago
Stuff like:
https://apnews.com/article/icc-trump-sanctions-karim-khan-co...
Trump is using sanctions and started a trade war with Europe.
Europe would be mad to entrust their digital ecosystem to such a country
masfuerte
3 days ago
Eh? We already tax them. The UK is not alone in having a digital services tax.
graemep
3 days ago
Sorry, meant tax more heavily. Uk's tax is 2% and limited to advertising and marketplace fees.
dlahoda
3 days ago
You forgot to write ZERO after TWO.
20% VAT to begin with payed with heavily taxed money of mine.
Than on top of payed by provider of services to UK gov machine making 10usd sub be 10£ sub.
swarnie
3 days ago
I'm happy to vote for anyone who can put an extra 0 on that, it would be nice for these companies to pay more tax than me one of these years....
dlahoda
3 days ago
They already pay. How 10usd subscriptions become 10eur or 10£? Companies pay lawyers and beurocrats and accountants to operate.
swarnie
3 days ago
I'm not claiming they dont pay everything they legally have to, I'm saying the laws are wrong.
Nick 30 ans is tired and wants someone else to pick up the slack for once.
mandeepj
2 days ago
> Truth Social that 100% tariffs would be imposed
Didn’t he already lost that case? And, all the other countries know that.
pythux
2 days ago
Didn't all other countries get used to the 10% extra tariffs currently applied, though? It's pretty clear that 100% is a threat, but the previous threats didn't end up with 0% so it "worked".
chinathrow
3 days ago
Pure grift.
_heimdall
3 days ago
This is far from a new challenge though. Another recent example, China has an advantage on cost of labor and manufacturing, and lack of enforcement of IP rights. They can produce for much cheaper than many other countries but it hasn't led to everyone banning trade with them.
epolanski
3 days ago
What part of China has cheap qualified labor?
Skilled engineers nowadays demand between southern and central European prices at the very least.
chiply314
3 days ago
Cheap qualified labor doing machining for example.
They def make less than in europe. You make very good money for working at Volkswagen on the line.
And China now also has software developers and even if they make the same amount, they are def also now a big player in the game and take parts of the cake.
_heimdall
2 days ago
What type of roles are you considering? Look into their manufacturing, for example. They make all kinds of heavy machineryat costs much lower than US prices, as far as I understand a big contributor is labor costs.
Its also worth noting that st southern and central European labor costs they would still have an advantage over the US.
user
2 days ago
_3u10
3 days ago
They don’t, they wouldn’t need tariffs if they did.
America mostly produces cheaper ag commodities than the EU but more expensive than South America. Deepseek is already a better search engine than Google. (Not sure if it does Google searches)
Travel the world it’s not American companies gaining market share. I would especially recommend trying Chinese AI or riding in a BYD car and judging for yourself.
Balgair
2 days ago
> The world needs to act quick before their industries fail.
It's a cost problem. If you want to try for a SOTA model, you're going to need to spend big time.
Germany spent ~$115B last year on it's defense, roughly 2% of it's GDP.
In contrast, ~$145B was spent last year just on AI infrastructure by Meta, and, well no one talks about Meta winning any AI races.
HexPhantom
3 days ago
It feels less like a pure tech market now and more like cloud, semiconductors and defense policy all getting mixed together
delta_p_delta_x
3 days ago
Military-technological industrial complex. Has always been a thing. Nascent WW2 computers were used for artillery, rocket, and bomb guiding.
varispeed
3 days ago
You are assuming that governments care and are not corrupt.
I think they have very little room for manoeuvre - companies like AWS or Microsoft can simply you are too cocky and we will shutdown infrastructure your country is running on if you don't bend the knee.
Chance-Device
3 days ago
Yes, this is exactly the implication. The decoupling of economies between those that have advanced AI, those who do not, and those who decide to ban AI outright or above a certain level of capacity.
user
2 days ago
user
3 days ago
sajithdilshan
3 days ago
One would have to have leverage to put tariff on US and not worry about retaliation. Almost every country is tightly coupled with US, let it be trade or reliance on technology.
I can only think of Russia that is decoupled from US at the moment and they are stuck with Putin that still lives with imperial mindset rather than actually being a rival to US
bootsmann
3 days ago
The US doesn’t have this leverage either, Trump is just uniquely willing to hurt his own country for his own idiosyncrasies. It is pretty established at this point that Americans were the most hurt by his tariffs.
mantas
3 days ago
The rest of the world already has quite a few restrictions.
m3kw9
3 days ago
We don't need more fear mongering with AI, it already made a mess. Industries are not gonna fail, they fall behind, like how US doesn't share weapon tech or certain IP's. Plus you have China providing a close 2nd/3rd place LLM tech for free.
mrtksn
3 days ago
The incentive is that Americans are huge consumers and closing markets to US also means losing US markets, that's why Trump's taxation on Americans for imports(AKA tariffs) caused huge stir. That said, if the risk is not tolerable then it's not worth it and can be sacrificed. EU was fully on board to do that if Trump invaded Greenland and EU as rest of the world are aggressively diversifying.
BTW EU will never have a "tech" industry in any meaningful size as long as US have access to EU markets, anyone who eventually got tech industry are those who blocked the US or were blocked by US.
So if US keeps its course, in a few years we may end up with fragmented markets with US blocked out because the US is very unpopular but the current politicians everywhere including in the EU are very pro-US actually hoping that current situation is just a glitch, which is not aligned with what the general population demands and as a result the next elections they will align with anti-Americans.
mmooss
2 days ago
> If US companies have a large unfair advantage
The US companies with access have a large unfair advantage over other US companies.
Imagine being Rivian if Tesla gets access, Rocket Lab or Blue Origin others if SpaceX gets access, most of SV if major tech companies get access, ... imagine being a startup.
WarmWash
3 days ago
Its utterly unsurprising that in the reckoning of pro-socialist society (work less, tax more, live easy), the failure of European industry over the last 30 years, utterly unsurprising that the knee-jerk reaction is "You need to share your labor with all of us" rather than "We need to get our shit together and build a competitor"
Europe isn't cooked because it lacks talent, there are untold smart capable people there, it's cooked because it built a social allergy to the very thing it needs most.
outside1234
3 days ago
Worse, why would you ever take a dependency on a US company. Even China seems more trustworthy at this point.
grumple
3 days ago
Is the rest of the world really that dependent on emerging AI? I don’t think so. The US could cut off all foreign access to AI, nobody would notice.
sajithdilshan
3 days ago
Unless your country still use only analogue technology your country would definitely will be at the mercy of the country with AI superiority. Mythos showed how good it is at finding vulnerabilities and attack vectors for digital infrastructure. Imagine an attack on power grid which would result in a days long blackout in the middle of winter?
Planktonne
2 days ago
> your country would definitely will be at the mercy of the country with AI superiority
People claim this, but it doesn't seem to be the case at all. We have multiple ongoing conflicts between countries currently, and we're not seeing huge gains from those with more access to AI.
sajithdilshan
2 days ago
Mythos is relatively new and Antrophic has been fighting US government to not allow their models for warfare. However, it’s only a matter of time till they bend the knee and in next 5-10 years we’ll see the effects of that.
Previously US used rebel groups to throw governments in other countries that are not US friendly. In the future I can see they can just start chaos by attacking banking systems, energy infrastructure or any other important modern infrastructure until that country falls in line with US
Planktonne
2 days ago
That's all entirely science fiction though, until we see some actual evidence. If Mythos is so incredibly dangerous, then the models before should be at least a little dangerous, and we haven't seen that.
sajithdilshan
a day ago
> That's all entirely science fiction though
Current AI was science fiction 5 years ago. But, you're entitled to your opinion, no matter how ignorant it is
swishman
a day ago
Didn’t it find a bunch of 30 year old vulnerabilities already? What more proof do you need
basisword
3 days ago
It would definitely be a problem. A big one. Think of all the multi-national tech companies that have rolled out AI not only to their engineering teams but to their business teams now too. Suddenly your employees in the US can do more and do it quicker than your employees elsewhere. It would be a nightmare to try and manage.
graemep
3 days ago
That only applies to things Mythos does better than Opus. Mythos is supposedly very good at things such as finding vulnerabilities, but is it better at business tasks? IN the short time I had access to Fable it did not seem noticeably better at things I tried it for (lots of small tasks).
Maybe it is better at vibe coding or finding security flaws, but at how much is it sufficiently better to be worth paying the extra?
basisword
3 days ago
You're assuming this export restriction won't apply to any future models. The problem is a couple of years from now when the ROW is still on Opus and US workers are on something much better.
graemep
2 days ago
Which would force us to use Chinese models instead. It would also increase the incentive for other countries to develop models.
grumple
3 days ago
I disagree. I work at a very large international corporation. How much revenue do you think we’ve seen due to AI? I’d guess it’s zero. I know for the groups whose finances I see, it’s zero. Yet costs have gone way up. There’s a bunch of new code, but not anything customers are going to pay more for.
And either way no AI basically puts you back to where we were last year. US employees have always been far more productive, that’s nothing new.
basisword
3 days ago
>> There’s a bunch of new code, but not anything customers are going to pay more for.
This isn't an AI problem, it's a management issue. Why are you getting devs to build things that aren't going to generate revenue?
grumple
3 days ago
Do you think the only bottleneck in dev has been the speed of coding? I think it’s obvious that this is not the case. It’s finding product market fit, actually discovering and deciding what must be built, and then selling it. And there’s a deeper economic reality: budgets for software are finite and limited, and already close to maxed for most consumers and businesses. If my customers can only afford $500/month total for software, no amount of software I make will push them past that.
It’s not just us: where’s the revenue in the entire market? We can see all the public filings. There haven’t been any revenue gains. The only people making money from AI are the LLM providers. And even they are losing money. Even the biggest tech companies are limiting token spend. At best the tech is a new cost just to maintain parity, and I think most businesses look at it as a way to cut dev costs (trading for token spend). I think they will learn that it’s less of a win than they hoped. If a dev was spending 50% of their time coding, and you reduce that to 10% - that’s a big change but it isn’t really making you more because it’s all that time we hate in meetings, understanding customer needs, etc, that make us money.
Schiendelman
2 days ago
A lot of the bottleneck is product management now. There's always near infinite work in every engineering team's backlog.
Identifying the next few things to improve the product is hard work, with market investigation, competitive analysis, synthesizing user feedback... some of this gets faster with LLMs, certainly.
I think most tech companies haven't figured out how to rebalance product to engineering to ensure engineering teams are doing work that grows the business funnel rather than expending tokens on other work.
spwa4
3 days ago
The US as a large-scale import nation and so does not need the rest of the world (except perhaps Europe, and only small parts) to keep its markets open to the US.
Even in the European case, Europe would lose much more than the US would if they closed their markets. Plus, a lot of Europe is either very close to breaking point and unwilling to change (Italy), or rapidly worsening into a crash, and unwilling to change (France).
It's Europe that is dependent on a large trade surplus with the rest of the world, financed by dollar loans to 3rd world countries. Now China is taking away their trade surplus, even directly (meaning Europe has a massive trade deficit to China), and indirectly (replacing demand for European goods, famously cars, everywhere). This is causing large-scale job losses in Europe as well as total disaster for government finances across the block, finances that were unhealthy to begin with.
Now Europe and China are unwilling to lend to the rest of the world (because initially that would make very rich Europeans/the CCP a little bit poorer, by raising inflation quite a bit, thereby raising interest rates, which will move government finances from disaster to catastrophe), so if these money flows are to keep going, either the US MUST export to China, which is not happening, or EU and/or China must loan several times their own GDP to the third world, or the EU and/or China must massively increase their dollar holdings (which will, of course, inflate the Euro and Renminbi something awful whichever way it goes). But either WILL happen, because a crash will do that too. Which is what people mean when they say the worldwide system is on a crash course.
someguyornotidk
3 days ago
I don't think whether a country is an importer or an exporter matters at this point. This is likely going to develop into a matter of national security. Nations cannot allow most of their domestic industries to be destroyed.
If the US doesn't reverse course soon, I think we'll start seeing large-scale closure of international markets to US companies very soon. Even with US retaliation, there is no other option.
mike_hearn
3 days ago
Zero chance of that happening. Europe has already largely deindustrialized and it never closed itself to China. Europe also tried to stop buying Russian oil and failed due to transshipment through India.
It's really sad seeing how little so many of us Europeans understand the situation. America and China hold all the cards, Europe holds none. It makes very little that is both unique and strategic. Decades of left wing economic policies are coming home to roost and there's no way to turn the ship around now.
KptMarchewa
16 hours ago
> Europe has already largely deindustrialized
Yawn. If you look at actual production in industry data we're at the peak or close to.
A lot of this yapping is (outside of just boring political droning) due to conflating relative stagnation with "deindustrialization" lol and looking purely at individual countries like Germany, not realizing the most of the recent growth is east and south of it.
Mairoce
3 days ago
Please tell us more about how “left wing economic policies” have destroyed Europe.
chiply314
3 days ago
Germany, the 3th biggest GDP country is deindustrializing right now.
that def will hurt.
But we still have a lot of capital left, so plenty of ways to adress the elephant in the room. Its just very weird that the current CDU doesn't has any real good ideas.
USA has a certain amount of hands especially IT but otherwise? China runs circles around Europe and USA for everything else.
Btw. CDU was in power for 16 years and is more right wing than center. If you say left wing in sense of not protecting our own markets, i think this was accepted globally.
USA also can't make things anymore.
If no-one comes up with the general notion of a min of like 60% home made, none of it matters because rebuilding this will take a lot of time and money.
And even with a chip factory in USA, they still import most and automate as much as possible.
This might reduce the pressure on USA Loans but will not help the USA people themselves. They will just continue seeing a bigger and bigger split between poor and rich.
mike_hearn
a day ago
CDU is not right wing in the sense the Republicans are, certainly not today's version that is subservient to the German left.
chiply314
13 hours ago
In germany CDU is right wing though.
So from a wording point of view: generic term still would be CDU is right.
fspoettel
3 days ago
Europe generates ~20% of revenue for US big tech which is a large part of its stock market. With how precariously coupled US growth is to these companies, it absolutely needs that market.
sajithdilshan
3 days ago
But can the Europe survive without the US big tech. Imagine the worst case US bans any sort of export from big tech to Europe, all startups and even every tech reliant company in EU would collapse without AWS, Azure or Google cloud. Also imagine ban on exports from Apple and Google, from tomorrow onwards both iPhones and Android phones stops working because software services are banned in EU.
It’s so easy to argue on putting tariff on US tech, but we forget how much Europeans depend on it and it would be like shooting one’s own foot.
One could argue that over the time EU can build their own infrastructure and alternative, but who is going to invest for it? The governments? With tax payers money? And who is going to build it? EU is one of the fastest aging continent in the world and what can they offer to attract young talent?
iririririr
3 days ago
that would actually spark a new golden age.
aws et all are just extracting rent. we all know this.
telcos have some ownership of the android firmware they distribute, and could easily spin up and fund alternatives like replicant or even go full partnership with Chinese versions.
simply moving email providers from Microsoft would make threeletter agencies work much more difficult, and it's a 2min dns change.
any way you look at it, the impact would be positive. i don't think your example is the example you think it is. like trump, you're ignoring agency to every other player in the systems and ignoring some obvious consequences.
sajithdilshan
2 days ago
Either you’re stupid or ignorant. What do you mean by easily spin up alternative android? And who is going to fund that? EU spend millions of Euros for a corona Warn app, and spinning an android alternative would cost billions, with tax payers money. Also everyone that uses iPhones, what are they going to do? Are they gonna get free android phones?
Forget about phones, all the companies that uses RDS would lose their data and that would be catastrophic.
spwa4
2 days ago
> And who is going to fund that?
Oh, European billionnaires and incumbent telecoms would love to. As soon as they get enough government concessions and guarantees. Who exactly? The ALDI family. Xavier Niel.
At least for people working in IT this is the fastest way to answer the question "how can we make it even worse?". Especially European incumbent telecoms. They're the answer to this question "do people sometime quit their job, in Europe, through suicide?". Yes, yes they do.
sajithdilshan
a day ago
> European billionnaires and incumbent telecoms would love to As soon as they get enough government concessions and guarantees
I'm pretty sure they are really looking forward to pocket billions of tax payers money. If they are so eager, why wait for the government? just go for it like the US counterparts.
HexPhantom
3 days ago
I think this is a bit too deterministic. Even if Europe is in a weak position economically, "the US does not need the rest of the world" seems overstated
chiply314
3 days ago
I would even argue that the USA is imploding without China.
The normal USA citicen can't afford a car anymore. Either they make it a lot cheaper over there or they have to continue pressue the USA Citicents to accept that they are not allowed to buy cheap China products.
It will be quitei nteresting to see if we will see a global rebalancing of manufactoring and co around the globe for USA, Europe and China or a overall change in system from pure capitalism to something else.
Or the big players start to reinvest into countries again to have customers who can actually afford it again.
spwa4
2 days ago
This is not how economists think. They see the US, go "Coal mining, check. Iron mining, check, so you can make steel inside US. More than enough people, check. Oil, check. As well as 1000 other things, and mostly, the checks are there", and conclude the US could produce cheap cars. So if it makes sense or it becomes urgent enough, it will happen. Nothing is really preventing the US from doing everything itself, and doing that will improve the balance of trade (while making Americans much poorer).
In other words, the problem of "The normal USA citizen can't afford a car anymore" can be understood in a different way. That can be fixed, by paying people less (yes, less, really, think about it)
The US can drop it's imports and do essentially everything itself.
Right now people can't afford a car because the US is so equal, meaning they can't compete with labor in India or ... But you could "fix" that, by creating more inequality in the US (do what we effectively do now, worldwide, but within the US. Forbid people immigrating from California to New York. Move all banks to New York, build factories in California. Pay people in California 20% what they make in New York for the same job), and production will move back to the US.
And if that offends you, please understand that's exactly what we're doing now. Just replace California and New York with India or China and New York with, well New York, or Washington, and that's exactly the system we have. That's the system the EU is trying to create in the EU.
Doesn't work that way for exports (EU, or China, or to a lesser extent, India). The EU is an export block that's rich getting out competed by export blocks that are poor ... Now THAT is a difficult problem to solve. Not that EU politicians are even trying.
The US is not doing better because US politicians are better than EU ones. They just have a much easier problem to solve. And, of course, both US and EU politicians are failing, but the consequences are much bigger in the EU.
For example, the EU is in fact making it harder to immigrate WITHIN the block, despite "free movement", and is creating massive differences in pay for the same work, which is apparently what socialism stands for:
Typical after-tax pay for supermarket cashier:
Netherlands: 2550 euro (after tax), for 36 hours of work ~ 15 euro/hour
Greece: 1050 euro (after tax), for 40 hours of work ~ 6 euro/hour
Oh and that's not where it ends. You get way more social protection and medical in the Netherlands ... for paying less in tax. The EU is purposefully creating inequality to solve the problem of rich Dutch people not getting richer fast enough. It's only within the same country that there is less inequality in the EU. And, of course, the EU has been making it worse, not better, for about 18 years now. They're not about to stop. The US hasn't even decently started doing this yet.
chiply314
2 days ago
Didn't USA get rich by being the manufactoring powerhose in the 60/70s? That wasn't just because USA consumed everything by themselves.
I assume it was a mix of exports and a continuesly growing population keeping this system alive for a long time.
If you know reduce the avg salary down to 1/3, you will get cheaper cars (if you even still need people to make cars, relevant amount of people), but still no one can afford it.
You need to get down from the current price point of 50k down to what? 20k?
Car manufactorers will have to shrink down production, reduce laber numbers, reduce salaries and the avg us american will have to downsize its consumption by a lot.
The USAmericans are at least not taking social security and health care as a human right, after all they don't know it better mh?
spwa4
2 days ago
No. The US got rich by becoming the manufacturing powerhouse after WW2, and lending enormous amounts to the world (even to the Soviets) so people could actually buy the goods.
The second part played an enormous role too.
user
2 days ago
user
2 days ago
throw-the-towel
2 days ago
But how exactly does the EU promote inequality and make it harder for citizens to migrate?
spwa4
2 days ago
By creating extra demands you have to satisfy before you can work in a different country, while excluding EU member nationals from social benefits that might allow living without work. It's not allowed to, for example, hold a job in Spain and have your pay deposited in an account in the Netherlands. Or Ireland-France. And they cannot get refugee status visas (which is why non-EU migration is so common now). You'll also be paying double taxes in most cases. And opening a bank account is tied to having a work-visa. And only a Dutch citizen can live in the Netherlands while getting benefits.
So you have to be decently wealthy now to migrate legally in the EU, going up. Which of course achieves exactly what's "needed": poor Greeks/... cannot get away from low Greek wages by simply driving to the Netherlands. Doesn't work. Wage disparities and inequality can grow and grow and grow.
Not that this is going even remotely fast enough for the EU. There is talk now about a "2-speed" EU. Meaning people from the periphery would get less rights (especially when it comes to how much weight their votes carry, but also when it comes to moving)
Companies, by contrast, can easily move to find the cheaper labor. Because, of course they can.
And, because of course, people who "cheat" by not taking benefits or jobs, just making a bit on the side and living in caravans to avoid everything, big example being the Roma, are being hunted by the authorities in 50 different ways. Problem is that mostly they're not doing much of anything wrong, so methods like forcing them through stealing their kids are used (sorry, of course I mean "protecting the kids" through youth services, excuse me, I misspoke. Protecting kids. Not kidnapping kids to pressure the parents).
Oh and it is TOTALLY unreasonable that these people are teaching their kids to directly use violence against anyone come to "help" from the state. Totally, completely, 100% unreasonable. What are you going to do though? When youth services was allowed to use violence against the kids, they massively abused that. For money. For sex. Shooting (yes, really, with a gun) kids slowly leaving the premises. Leaving "troubled" kids in an isolation cell until they commit suicide. Not called that, of course. You'd be surprised how many euphemisms youth services have for both isolation cells for children and for suicides happening on (or immediately after) their watch. Things like this[1] for example have never been named isolation cells, which is what they are, but, loosely translated "time-out room", "separation from everything", "low stimulation room", "TAVA room", "separation from incitement room", "cool down room", "sensory-friendly room", "seclusion room", "safe space" (NEVER trust or go with anyone from youth services talking about safe spaces, unless you're at least 25, and even then) and I'm sure I haven't covered even half of them)
Mairoce
3 days ago
Ah yes, the classic “Europe is in decline” narrative favored by Americans. You’d think after more than a decade of that nonsense, people would start to ignore it or at least question its assumptions. Nominal GDP and venture capital funding are not the only things that matter in an economy.
WarmWash
3 days ago
Europe has no tech industry. It's largely floating on the same economy it had 50 years ago. The situation is beyond dire.
NorwegianDude
2 days ago
Hey! We Norwegians have on average more ownership in US tech companies than Americans!
Everything is going according to plan. When we have majority, we'll move the companies to Norway, but don't tell anyone, this is supposed to be a secret. /s
sajithdilshan
3 days ago
European economy would implode without trading with US. The biggest economy in Europe, Germany; exports cars, pharmaceuticals and other high end machinery to US and the whole middle class in Germany relies on the jobs from those exports oriented companies
NorwegianDude
2 days ago
To be fair, it would be a bigger issue for the US. No country is more economically dependant on the rest of the world than the US. The US is living on the USD, and if others stop using it the US would have to do extreme cuts on everything.
sajithdilshan
2 days ago
That’s true, but every time a country or a group of country tried to do that US has stopped it either strategically or with military force so far.
NorwegianDude
2 days ago
But you are talking about Europe. If the US and Europe were to cut all ties they would both face some serious consequences, and the US wouldn't be able to do anything about that, not strategically or military. The US need trust in order to function, and attacking would loose them all trust globally, making it much much more severe than anything any other nations would struggle with.
sajithdilshan
a day ago
I don't think entire EU would cut ties with US. US would definitely try to divide and concur and I think they would be successful. Not every country in EU sees US as an enemy (especially conservative and right leaning governments in EU)
gmueckl
2 days ago
Cars are largely not exported to the US from Germany, but built in US factories. German car companies have factories all over the world.
makapuf
3 days ago
You talk about Europe then only give Germany examples ..? Is that a German only problem ?
sajithdilshan
2 days ago
Germany is the biggest economy in the Europe and the one that’s holding Euro stable ( France and Italy would soon be only serving their debt). If German economy goes down, then you can say goodbye to Euro
FranzFerdiNaN
3 days ago
America has to be careful not to push Europe into the direction of China though. And with how Trump acts that might happen sooner than they would like. Bullying like how Trump prefers to do only works until some point. Europe mostly seems to bet on America changing its tune again once Trump is gone but we have to wait and see if the rot in America hasnt set in too deep already.
sajithdilshan
3 days ago
Even if America pushes EU to be like China, they cannot be China. China is one country ruled by one law and in a unified vision. On the other hand EU is a band of 27 countries with different laws, different problems and different priorities. They couldn’t even agree on a response for Ukraine-Russian war and present a unified front and do you think they would present a unified front against Americans?
big_paps
3 days ago
I think he meant : to be pushed towards China as a partner while moving away from the US.
spwa4
2 days ago
And ... what will Europe do if America simply ... also moves to use China as a trading partner? Or just drops the EU goods entirely? It'll be unpopular for 1 or 2 years and then the US will be better off. The the EU will have to create 600 billion in new (dollar) revenue per year to compensate. They haven't successfully done that in 20+ years ...
lljk_kennedy
3 days ago
[citation needed]
chiply314
3 days ago
What the Clown currently does is to push Europe massivly into exactly this.
I can't find it right now but I read news just a few month ago that the EU is working on making it easier to invest into EU similiar to how the Petrodollar currently works.
But if the deindustrialization of germany/EU continues as it currently does and US implodes and China has also issues, we will see how the new world order will look like.
China is for sure more resiliant though. The living standards were never as high as what we as germans are used to and they dont demonstrate.
In the USA people have guns and civil issues and a hard divide between city and country sides.
But as Europe/Germany we should be able to increase our bonds right? Investing into solar/energy transformation; Doesn't matter short term how this will end.
And if AI continues as it does with robotics, we might even see in 50-100 years a complete change in system?
USA Bonds are exploding so they might have overplayed their hand already.