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I can't wait that EU citizen will hit them hard after May 25th.
by chinathrow 9y ago
I can't wait that EU citizen will hit them hard after May 25th.
- paulie_a 9y agoI think palantir is CIA related... They probably are not going to worry about pesky international regulations
- sschueller 9y agoThat's what sanctions are for. But I highly doubt the EU will ever sanction the US as they are so dependant on them.
- noir_lord 9y agoEU has more people and an equivalent sized economy. The EU could stand up to the US if they felt it mattered. Other than defence partnerships the EU is no more dependent on the US than the US is on the EU. It's a two way street. Unless you think the US would be happy to walk a way from the largest single market in the world (by GDP).
- briandear 9y agoExcept the EU isn’t a country. Poland doesn’t have the same incentives that Greece might, as an example.
- noir_lord 9y agoExcept trade deals and regulations are negotiated/implemented top down. So the EU has teeth if the US pushed it too far. It's hard to get the EU to agree on a lot of things but something sufficient to make the EU consider punishing the US would likely be important enough they would agree.
- sschueller 9y agoThe USD is currently 62.70%[1] of all currency reserves. If you lose the ability to trade in dollars you are screwed and the US knows this. [1] https://en.wikipedia.org/wiki/Reserve_currency https://en.wikipedia.org/wiki/Reserve_currency
- 2close4comfort 9y agoSanctions? I am not sure the EU has enough clout to pull that off against something the likes of Palantir, I am sure that they would have to know it is there before they could ask for removal and FIOA or other legal devices are not going to be enough pry that open under this administration.
- adventured 9y agoAs the yearned-for fake privacy walls go up, the only entities that will still have the ability to abuse privacy, will be politically connected corporations and governments. Germany supposedly has some of the best privacy laws in the world. Their government freely abuses their people with domestic espionage. They'll continue to work with technology businesses to that end as it fits their purposes. There's a lot of outrage about Facebook. Meanwhile, absolutely nothing has changed, or is going to change, about the NSA spying. Nothing got fixed. More or less the Snowden revelations were entirely meaningless in terms of changing the status quo. The NSA is spying on EU and US citizens just as they were five years ago, just as they will be five years from now. Where's the outrage today about the NSA? Almost everyone gave up, that's why Facebook is the new target, the people couldn't do anything about the government spying. GDPR creates the haves and have nots when it comes to access to abuse privacy. That's all it will change. If you have the political access (which Palantir does and will), you're going to get the security keys to abuse privacy (the alternative is for EU governments to entirely shut down all domestic espionage, that will never happen).