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Which is a huge mistake. We should have learned that the USA can't be trusted when Nixon ended bretton woods so it didn't have to give France it's gold back.
by RobotToaster 10mo ago
Which is a huge mistake.
We should have learned that the USA can't be trusted when Nixon ended bretton woods so it didn't have to give France it's gold back.
- closewith 10mo agoAgreed, and all the worse for being completely foreseeable.
- 4gotunameagain 10mo ago“It may be dangerous to be America's enemy, but to be America's friend is fatal.” Henry Kissinger ― US secretary of state, Nobel peace prize laureate, war criminal.
- rdm_blackhole 10mo agoThe EU countries had decades to build and foster alternative companies yet they did not manage to do so. China did though. Was it a lack of political will or short-termed-ness? Maybe both but the end result is the same. You can't undo 20 years of inaction in a few years. It will take decades before viable EU competitors emerge and begin to rival US giants and that's if they even are allowed to do so in the first place.
- muro 10mo agoChina blocked (many) US companies though, that enabled/forced the local companies to fill the void.
- rdm_blackhole 10mo agoThat's my point. This was a decision by China. European countries were happy to just let the US in and not have to worry about building their own alternative versions of the US services. Now the same EU countries are waking up and realizing that having pieces of your digital infrastructure in someone else's hands was bad bet but unfortunately, it will take decades to build the same thing in the EU.
- Europas 10mo ago[dead]
- tremon 10mo agoThe EU countries had decades to build and foster alternative companies yet they did not manage to do so They did so quite a few times, and then they let the home-grown alternatives be bought out by US capital.