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by manuelabeledo 874 days ago
> Every time the EU tanks some local company, or prevents it from being viable in the first place, that productivity just goes to the US or China.

China, where the government promotes local monopolies and sets unreasonable hurdles to foreign competitors? That China?

2 comments

Yes, that China. Also the China that makes most of our robot vacuums.
Yes, China is basically doing the opposite of what the EU is doing (acting in the economic interest of domestic firms) and they're eating the EU's lunch as a result