• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      arrow-up
      3
      ·
      1 month ago

      What it comes down to is that the US has finite resources and the oligarchs see China as a bigger threat than Russia. Chinese companies are now directly competing with US companies, and China is starting to dominate a lot of markets like EVs, telecom infrastructure, renewable energy production, and so on. This is one reason the tech oligarchs largely went over to republicans now.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
          link
          fedilink
          arrow-up
          3
          ·
          1 month ago

          I don’t think numbers on a computer matter all that much though. US can issue as much currency as it likes, but it’s the material reality that matters in the end. In order to prop up Europe, US needs to produce weapons to send there, same with Israel, and Taiwan. US manufacturing capacity is pretty limited at this point, so they have to pick where to allocate the resources.

          Meanwhile, Europe has major problems with its energy supply, and so far the US has been profiteering from selling LNG to Europe at high prices, and poaching European industry. So, we can already see that the whole relationship is turning predatory. This will only get worse going forward. Ultimately, people living in Europe don’t give a shit about stuff like AI, crypto, and so on. They care about being able to feed themselves and keep lights on.