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by red-iron-pine 921 days ago
> Yes, companies constantly fire their American customers due to their nationality, or refuse to take Americans as new customers. (Banking and finance, in particular). Now, that's not a moral stance about American wars, it's just the natural outcome of the regulatory environment.

Specifically due to FATCA and related regulations that require foreign banks to report US citizens and potentially open the kimono if the IRS demands more about what they're up to.

No one outside of the middle east gave a shit about Iraq or Afghanistan enough to take the financial hit from pulling out of the US.

Even with moral shortcomings the US market was too big and too stable to walk away from. The Russian market was marginally stable, corrupt as hell, and mostly a source of raw materials and simple value-adds. For the EU that meant cheap gas, at the cost of funding people who hate you, and not taking steps to better nuclear or renewables.