News for hackers. Stuff that matters.
Re:Apple asks suppliers to shift AirPods, Beats production t... by herbst on Thursday October 06, 2022 @03:51AM (#33105639)
So the US is kinda forced to keep questionable business practice alive so pension funds are safe?

I don't know why this sounds so dystopian

Re:Apple asks suppliers to shift AirPods, Beats production t... by vineyardmike on Thursday October 06, 2022 @02:34PM (#33112156)
No. They’re forced to keep businesses safe from outside destruction, not market forces. Basically the same as individuals. The gov also maintains a military for similar reasons. I said this in the reply.

They don’t want a foreign gov to torpedo an important business for politics but they don’t need to protect against market forces. There’s no market risk to apple disappearing overnight. If it’s over a long time scale, pension funds can self manage. It won’t implode the market.