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You are right when it comes to subsidies in general. Recent moves and voices send a clear signal across the world - US is not a reliable security guarantee par
by rasz 3y ago
You are right when it comes to subsidies in general.
Recent moves and voices send a clear signal across the world - US is not a reliable security guarantee partner. CHIPS subsidies is a hedge against China taking over Taiwan. US is building onshore capacity to be able to renege on defense promises given to Taiwan at minimum cost. I would be very worried if I was in Taiwan. Im already worried as it is living in Europe and learning article 5 might just be a mere suggestion to US.