4 ms·
Obviously the EU can institute rules and fine companies that break them. But forcing companies to break up or kicking them out of Europe might be a step too far
by colinmhayes 4y ago
Obviously the EU can institute rules and fine companies that break them. But forcing companies to break up or kicking them out of Europe might be a step too far for the American government. Is the EU really willing to enter a Cold War with the us? Especially with the Russia situation I’m not sure they’re even able to without mass protests because the lng pipeline from the us will immediately dry up.
- theplumber 4y agoEU could break up the EU operations of the said company and it leaves it up to the company whether to break up in other parts of the world or just in Europe. Just think how many shell companies are created to dodge taxes. Same can be done here.
- deleted 4y ago[deleted]
- antioppressor 4y agoThey let these unregulated behemots to plunder effortlessly without any repercussions in the last 10 years or so. These rules are just topical treatment and came already too late.
- ROTMetro 4y agoWhen Microsoft made claims like you are back in the day we called it FUD. Dude, our government in the USA is barely functional right now. If they can't pull together for basic necessities but pulls together to go to 'cold' war with Europe over business practices the normies here would revolt. People can't afford rent, food, but the government's focus is ensuring Apple's profits? Yeah, good luck getting the people to support that. "I'm sorry you are at your breaking point, but real issue is poor Apple's profit struggle in Europe!".
- colinmhayes 4y agoThe government had no problem instituting mega sanctions on Russia, entire European will obviously be a harder political pill to swallow but really doesn’t seem out of the question.
- mschuster91 4y agoThe US barely traded with Russia anyway, and most of it was aircraft, vehicles and various services [1]. Sanctioning off Russia was and is easy for the US, the only major problem is the loss of soft power the US had with the OPEC and the resulting hike in oil prices. The ones really affected by the sanctions are us Europeans. [1] https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia https://ustr.gov/countries-regions/europe-middle-east/russia...
- colinmhayes 4y agoSanctioning Russia was a huge gamble in that it will likely lead to a heavily decreased reliance on USD globally as well as create competitors to swift which the us uses to enforce its hegemony.
- mschuster91 4y agoThe US dollar will always be the major currency of the world. What should replace it? The Euro is a good valuable currency, but we lack the military power that secures the US dollar plus we suffer from internal issues like the Italian debt that threatens to destabilize the Euro once again. Japan is a major economy, but still small and it has issues because its backing by the government is uncertain after "Abenomics" and the gerontification of Japanese society. The Chinese currencies suffer from cashflow control measures, and who the fuck would buy anything from Russia even if they had more to offer than barely functioning tanks, oil, gas and grain?
- withinboredom 4y agoOh man. You do realize that some 50% of GPS satellites are EU satellites right now? The US doesn’t even have a fully functioning constellation without the EU’s Galileo satellites (which are far more advanced in offering a cryptographically provable time). If the US were to go down that road, I’m fairly confident you’d have to go back to MapQuest and print out your directions.
- freeflight 4y ago> I’m not sure they’re even able to without mass protests because the lng pipeline from the us will immediately dry up. The cold war has already gone hot thanks to "Fuck the EU" US interference in Ukraine [0] by now having escalated into a full blown open war, just like there is no "LNG pipeline from the US" to Europe. > not sure they’re even able to without mass protests Do you mean mass protests like they we had over the invasion of Iraq? That didn't lead to anything and thus has crippled the global peace movement to this day. That's why the idea that European people will "take to the streets" to protest for "American gas", is pretty out there and quite fantastical. Before that happens you will see people take to the streets to protest the sanctions that are mainly responsible for this economic hardship, sanctions pushed for by Washington. [0] https://youtu.be/WV9J6sxCs5k https://youtu.be/WV9J6sxCs5k
- _kbh_ 4y ago> The cold war has already gone hot thanks to "Fuck the EU" US interference in Ukraine [0] by now having escalated into a full blown open war, just like there is no "LNG pipeline from the US" to Europe. The Cold War got hot cause of Russia, no one else. Russia is the one who decided to invade Ukraine, Russia is the one who decides to bomb children, Russia is the one who decides to commit genocide against the Ukrainians, Russia is solely responsible for this war. No amount of “Ukrainian bio weapons” or “Ukrainian witch battalions” or “Ukrainian inhuman super soldiers” stories pushed by the kremlin will change this fact.
- freeflight 4y ago> The Cold War got hot cause of Russia, no one else. Because decades of NATO expansion have nothing to do with this [0], having literal NATO exercises at the border of Russia [1], just completely normal and not at all an escalation. Nobody ever warned about any of this, it just came completely out of nowhere [2]. While the US would have no issue with Russia holding military exercises in Mexico, and couping the Mexican government. It wouldn't react in any way, most certainly not with the military, it's not like we have a precedent like the Cuban missile crisis, and the US military illegally occupying parts of Cuba to this day, in a very similar way to what Russia has done to Crimea. > Russia is solely responsible for this war. Sure, as long as you just wholesale ignore and deny what actually led to the war and how it was an active choice by US officials to undermine a diplomatic and peaceful solution, brokered by the EU, because "Fuck the EU". In that context most online debates about this topic are similarly dishonest and toxic as war on terror debates in the early 2000s were; Anybody who doesn't join in with the blatant jingoism shall be declared an "enemy supporter", back then it was "terrorist supporter" nowadays it's "Putin supporter" and allegedly the only way out of this is more conflict, more weapons, any diplomatic solution shall be considered "pro Russia propaganda" because the forever war can't stop. In that context you might as well tell me about WMD in Iraq, that's the level of argument you can bring that solely rests on ignoring a coup and insisting how a civil war, resulting from that coup, is totally not a civil war. [0] https://www.latimes.com/archives/la-xpm-1997-jul-07-me-10464-story.html https://www.latimes.com/archives/la-xpm-1997-jul-07-me-10464... [1] https://www.atlanticcouncil.org/blogs/natosource/us-army-to-proceed-with-planned-exercise-in-ukraine/ https://www.atlanticcouncil.org/blogs/natosource/us-army-to-... [2] https://www.nytimes.com/2001/12/13/international/bush-pulls-out-of-abm-treaty-putin-calls-move-a-mistake.html https://www.nytimes.com/2001/12/13/international/bush-pulls-...