47 sats \ 2 replies \ @sangekrypto 18 Sep \ on: Europe's Tech Ambitions Falter: Semiconductor Industry at Crossroads econ
So to overcome this, what should be done? Is there any alternative for them to solve this problem?
They are trying to do this by giving more of the same: more subsidies, more cheap money, lower interest rates, more state control. We have learned that this leads nowhere! So basically, the opposite should be done: free markets, lower taxes, lower government spending, more private involvement, free capital formation
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free markets, lower taxes, lower government spending, more private involvement, free capital formation.
In fact, this is what some local people hope for, but the government will not allow it, because everything must be taxed.
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