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Governments want a healthy steelmaking industry so when the time comes to defend your country you can make guns and tanks. When your country is being invaded ho
by 83 5y ago
Governments want a healthy steelmaking industry so when the time comes to defend your country you can make guns and tanks. When your country is being invaded how useful is your bitcoin going to be?
- baybal2 5y ago> When your country is being invaded how useful is your bitcoin going to be? You can bribe enemy army staff with it. But seriously, just how much is too much when it comes to steel subsidies, and just how much EU can tolerate its steel industry failing so hard to upgrade? Rather than subsidising, say, buying new, more efficient blast furnaces EU countries basically just spend few hundred dollars extra of taxpayer money per ton of steel.