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A US trade deal is a symbolic and political victory but makes virtually no difference economically. I don’t think the UK government will calculate that prospect
by ArgyleSound 6y ago
A US trade deal is a symbolic and political victory but makes virtually no difference economically. I don’t think the UK government will calculate that prospect of one would outweigh losing ARM.
- matthewmacleod 6y agoI don't have the same level of confidence you do – the current UK government's strategy is very much "symbolic and political" over absolutely all other concerns. Faced with the political impact of "that amazing US trade deal we promised you is off the table" versus "a company you probably haven't actually heard of, which was already Japanese-owned, is becoming US-owned"… well, I don't have much confidence.
- moonbug 6y agoyou misspelt shambolic.
- davidhunter 6y agoYou're assuming that the UK government is a rational actor optimising for the economics of the country...
- 082349872349872 6y agoChess-wise, it seems a bit of a skewer: lose ARM by sale, or lose ARM by RISC-V? (Is it still true the UK-US trade deal is awaiting elections in the latter? EU-UK has certainly not been progressing.)
- fakedang 6y agoTo answer your second question, yes.
- charwalker 6y agoYou're ignoring decades if not centuries of politics and economic data. This is an insane claim so I'd love to see citations.