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We can also say "no" to both when it comes to satellite internet because we have our own solution that's being deployed right now. https://www.reuters.com/tech

We can also say "no" to both when it comes to satellite internet because we have our own solution that's being deployed right now. https://www.reuters.com/technology/space/eutelsat-succeeds-worlds-first-5g-network-trial-space-with-airbus-mediatek-2025-02-24/ https://www.reuters.com/technology/space/eutelsat-succeeds-w... And yes, the transition will be painful. But it'll also allow the EU to position itself as the de-facto world economic superpower. Von der Leyen alluded to it here: > 13% of global trade is with the United States. That's a lot. 87% of the world's trade is with other countries. And they all want predictability and reliable rules. Europe can deliver that. We must now use this momentum to open up new markets for our companies and establish as close a relationship as possible with many countries that have the same interests as us. https://www.zeit.de/politik/2025-04/ursula-von-der-leyen-eu-usa-donald-trump-english https://www.zeit.de/politik/2025-04/ursula-von-der-leyen-eu-...

ben_w 2y ago
Eutelsat is nice, but to quote the link: > The constellation is scheduled to be fully operational in 2030 If satelite internet was already a necessity rather than a nice to have, that would be way too slow. We can (probably) afford to wait for it, but only because we can say "no" to everyone. > And yes, the transition will be painful. But it'll also allow the EU to position itself as the de-facto world economic superpower. Von der Leyen alluded to it here: Could do, if we play our cards right or make fewer errors than China. But as China aren't idiots, I wouldn't bet either way on which of the EU or China comes out on top, or if we end up in close-joint-first. Note that by nominal GDP the EU and China are about equal with the US way ahead, but by PPP the EU is about equal to US and China's way ahead: • Nominal: US 30.3T, China 19.5T, EU 20.3T • PPP: China 39.4T, US 30.3T, EU 29.0T
- cruzcampo 2y ago
  As vdL was saying, business wants predictability and rule of law. We have a huge advantage over China there.

ben_w 2y ago

Eutelsat is nice, but to quote the link: > The constellation is scheduled to be fully operational in 2030 If satelite internet was already a necessity rather than a nice to have, that would be way too slow. We can (probably) afford to wait for it, but only because we can say "no" to everyone. > And yes, the transition will be painful. But it'll also allow the EU to position itself as the de-facto world economic superpower. Von der Leyen alluded to it here: Could do, if we play our cards right or make fewer errors than China. But as China aren't idiots, I wouldn't bet either way on which of the EU or China comes out on top, or if we end up in close-joint-first. Note that by nominal GDP the EU and China are about equal with the US way ahead, but by PPP the EU is about equal to US and China's way ahead: • Nominal: US 30.3T, China 19.5T, EU 20.3T • PPP: China 39.4T, US 30.3T, EU 29.0T

cruzcampo 2y ago
As vdL was saying, business wants predictability and rule of law. We have a huge advantage over China there.