From a strategic standpoint its extremely bad to have the data in some other country. It can be used for all kinds of creatively drstructive purposes. Also prot

From a strategic standpoint its extremely bad to have the data in some other country. It can be used for all kinds of creatively drstructive purposes. Also protectionism is not that bad as long as competition is stiff in thr local market. Why would you want your local market to be taken advantage of by companies from other countries ? Free markets as a great idea was actually popularized by Britain in the 1800s because it always favours the incumbents. Given their industrial prowess no wonfer they said that. I would prefer tht local companies be given preference over foreign ones but low performers must not be bailed out on taxpayer money. They must be weeded out. That has been the go to approach to development in Japan, South Korea and China. With those policies in place they now have more tech giants than Europe.