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> will give Russians a chance to reestablish home brands This is delusional. There's not enough talent nor capital to replace everything from Caterpillar to Xb
by mopsi 5y ago
> will give Russians a chance to reestablish home brands
This is delusional. There's not enough talent nor capital to replace everything from Caterpillar to Xbox, and much of what's considered domestic is partially or fully imported, eg https://twitter.com/kamilkazani/status/1501361272230752262 https://twitter.com/kamilkazani/status/1501361272230752262
- ClumsyPilot 5y agoThis is really good
- vzcx 5y agoI read this thread and found it interesting, but the mafia boss argument seems weaker than the simple desire of all businesses to have commoditized inputs and avoid vendor lock-in. The oil and gas guys who are friends with the boss are politically secure, do they really need to worry about usurpers? This poor stifled engineering nerd vs. big dumb mafia jock narrative seems a little too indulgent of the audience's biases... Much crazier things have happened than revitalization of national industry. Whether their leadership has the intelligence and will to do this is of course another matter.
- WalterSear 5y agoCaterpillar hasn't left Russia.
- rectang 5y agoThank you, that was a thought-provoking link. It seems that certain kinds of economic integration such as supply-chain interdependence offer more leverage, while other kinds of integration such as buying oil and gas offer less.