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A comment on Germany paying $5.5B for Intel fab. Parent comment

Re:Germany paying $5.5B for Intel fab by benreesman on Tuesday June 07, 2022 @02:51PM (#31658561)
I think the parent makes a better point in concrete terms. Geopolitically interconnected trade is all well and good in theory, but putting two superpowers at odds over the consolidation of oxygen right off the coast of one of them, with a long-standing grudge between them into the bargain has obvious implications for stability.

All of economics looks great on paper until basically any little happenstance quirk utterly breaks the whole thing.

[ Parent | on HN ]
Re:Germany paying $5.5B for Intel fab by andrekandre on Tuesday June 07, 2022 @06:19PM (#31660729) 

  > Geopolitically interconnected trade is all well and good in theory, but putting two superpowers at odds
one impression i get is that perhaps economists and leaders thought they could just leave everything to the market - interconnectedness economically through world-wide ("free" market) capitalism - and then they could politically hang up their hats so-to-speak (everything would take care of itself) because everyone would reach great prosperity

obviously, as we have seen in the past 40 years, both within and without there has been alot of economic turmoil (economic crisis) instead of pure prosperity and it turns out politicians couldn't outsource their jobs to the market

countries and regions need to politically strive for peace, cooperation and friendship, the market and trade isn't enough imo

[ Parent | on HN ]