The continent that provides companies like ASML and plenty of machinery in general, and is regularly in the news - not just now with the Nobel Price - when it c

The continent that provides companies like ASML and plenty of machinery in general, and is regularly in the news - not just now with the Nobel Price - when it comes to bio-tech? Facebook, Apple, Microsoft, sure, but there is plenty of IT inside the machines. You are too concentrated on some very hip consumer companies and don't see the vast ocean of important businesses in the middle, that don't have much or any consumer contact. Where is your evidence? What a horrible contribution to the discussion, both divisive (and without reason, out of nowhere), and of the lowest quality. I actually went through the trouble and looked for the evidence missing from your post. If anything we need to look at Asia most of all. Also because at least for Germany, where through decades long contacts I witnessed some of it personally, we (Germany) transferred significant know-how to China quite voluntarily, and our big companies still insist on continuing to invest there even when many smaller businesses have become far more cautious. Link: https://www.reuters.com/world/german-dependence-china-growing-tremendous-pace-iw-2022-08-19/ https://www.reuters.com/world/german-dependence-china-growin... (German dependence on China growing "at tremendous pace" - paywalled) Here's some, mostly opinion pieces so YMMV (I'm missing rigorous data and statistics with explanations of what they measured, these article are all too "freeform" for my taste): - https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/securing-europes-competitiveness-addressing-its-technology-gap https://www.mckinsey.com/capabilities/strategy-and-corporate... - https://www.irishexaminer.com/opinion/commentanalysis/arid-40865726.html https://www.irishexaminer.com/opinion/commentanalysis/arid-4... Somewhat better: - https://dgap.org/en/research/publications/europes-capacity-act-global-tech-race https://dgap.org/en/research/publications/europes-capacity-a... However, we also have https://www.nature.com/articles/d41586-020-03318-w https://www.nature.com/articles/d41586-020-03318-w so it's not so easy to make definitive statements about everything.