zlacker

>>bwb+(OP)
Americans fail to appreciate a few things about our economy

1. We have a large homgoneous market where you can build a product and it’s expected it can succeed for hundreds of millions of Americans

2. EU is the easiest second market, and another step change of hundreds of millions of customers in a somewhat unified market

3. there’s not an easy 3rd economy that replaces EUs wealth, population, and comfort with English + technology

When we piss everyone off in the EU tech company growth gets kneecapped and limited to US / Canada. Theres not an easy market to expand to without much deeper focus on that specific market and its needs, for much fewer returns.

>>softwa+Fk
In a way, isn't it what the Americans and even the current administration want? We want a strong Europe who is keen on preserving and developing the glorious modern civilization that it created. We want a strong Europe who can build and innovate instead of regulating and fining. In contrast, we certainly don't want see the disastrous joke like Northvolt. We certainly don't want to see the joke that BASF shut down its domestic factories and invested north of 10B in China for state-of-the-art factories. Oh, and we certainly don't want to see a Europe that couldn't defeat Russia and couldn't even out-manufacture Russia, even though Russia's GDP is merely of Guangzhou's.

>>hintym+iy
Europe will then redirect the 300B euros it was investing in US treasuries annually to Eurobonds, while redirecting the $300M in purchasing from US companies to EU companies. This is biting the hand that feeds the US.

Europe will buy LNG from Canada instead of the US, and continue to purchase imports from China. I agree though that a strong EU is needed, in part to defend against the US, as well as Russia (until the Russian economy reaches failure). CATL is currently building the largest battery factory in Europe in Spain.

>>toomuc+VD
lol hahaha Europe will "say" and maybe in a few decades they might get around to starting some of that. Europe still buys gas from Russia; can't even ween itself off it during a war.

>>tick_t+NO
lol hahaha Europe will "say" and maybe in a few decades

In the local harbor, they built an LNG terminal in 6 months (Eemshaven, NL).

The Russian invasion was on February 24, 2022. They opened an LNG terminal on September 8, 2022.

My primary lessons of previous crises (2008-2010 financial crisis, COVID, 2022 invasion) is that under pressure EU/EU countries can do things very quickly and do things well. The pundits always say the next crisis breaks the EU, but it always ends up with the EU being stronger and more unified than before.