

We can sell new 100 year bonds to pay the interest on the old ones.


We can sell new 100 year bonds to pay the interest on the old ones.


I’m not sure this is meant to compete where the bulk of revenue is generated. It seems more like the EU doubling down on areas where they already dominate, or possibly snatch some future IP while it’s still in the cradle. It’s nice to see either way.
I think the manufacturing capacity gap is overstated. It’s marginal between the EU and US, presently at least. The enormous differences are in revenue (of the US vs RoW) which makes sense considering the IP for most logic chips is American, so even current EU logic manufacturing delivers most revenue back home to the US.
I’ve no connection to the field, but it is both interesting and perplexing. RISC-V (like RISC) seems perpetually on the horizon, but this time Open Source. That the US wants to reshore the most difficult but least revenue-generating production stages is unorthodox. Not everybody needs 2nm and I’d love to see more capacity/expertise spread everywhere in the world.


As a social media user, I see nothing harmful for teenagers and even younger children in the mechanics of social media. It can be an effective means of building community, effective communication, creativity, respect and was the ultimate vision of many Internet pioneers to promote global, participatory culture.
As a parent, there is no way my children are being exposed to the hateful, insane graphorrhea of you ignorant misanthropes.
It’s still likely less hassle than amortising capital expenses for something that will likely be written off well before end of life and then needing to dispose of it. As a consumer of fire sale disposed laptops, renting shouldn’t be allowed.