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Sourced with european energy produced by european produced infrastructure and by workers eating european food grown with european resources? It's "possible" fo
by spywaregorilla 2y ago
Sourced with european energy produced by european produced infrastructure and by workers eating european food grown with european resources?
It's "possible" for this to happen. And in the event of a large global war, we'll even go as far as to say it's plausible. But given that the world is heavily globalized and not at war, it's not actually what happens because it is cheaper to trade with others.
- dukeyukey 2y agoWe're talking about this in the context of PPP versus nominal GDP when buying military equipment. Most countries _have_ to buy at nominal prices cos they either don't have a domestic arms industry, or they have one, which uses resources bought at nominal, global prices. But the EU has both a domestic arms industry _and_ the inputs locally, so it's probably cheaper to go the domestic route, hence they can buy at PPP rates rather than nominal.
- spywaregorilla 2y agoI'm not an expert in arms production but I find it extremely unlikely that the eu arms industry is not heavily globalized