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Reliance for critical infrastructure on a geopolitical enemy. Historians often site “The Great Illusion” which was written in 1909 and predicted there would be
by ABeeSea 4y ago
Reliance for critical infrastructure on a geopolitical enemy.
Historians often site “The Great Illusion” which was written in 1909 and predicted there would be no more major or prolonged wars due to the new global and interconnected economy. Clearly that was wrong and yet the same argument keeps being made with regard to China.
China has made it clear they consider “the West” as an enemy. We should not trust any infrastructure to them.
- MichaelZuo 4y agoI still don't see a logical relation with my previous comment: "I don't see what they could possibly gain, all it would take is for one genuine case of a backdoor to be confirmed and then all that investment would be nearly worthless." And your previous comment: "People used to say same exact thing about russian gas" I'm struggling to find any analogous situation to a single verified breech of trust destroying billions of investments in the gas sector of Russia. One shipment of contaminated gas (?) is not going to have any major effects on the gas trade.
- dilyevsky 4y ago> I'm struggling to find any analogous situation to a single verified breech of trust destroying billions of investments in the gas sector of Russia. Struggle no longer - https://www.reuters.com/business/energy/kremlin-says-gazprom-would-like-nord-stream-turbine-back-needs-documents-2022-08-04/ https://www.reuters.com/business/energy/kremlin-says-gazprom...
- MichaelZuo 4y agoThis did not affect the total amount of gas purchased from Russia. Even looking at just EU-Russia trade volumes, there wasn't a huge drop right after this happened. A commodity business with high transportation costs has different dynamics then from the electronics industry.