I saw a frustrating article the other day on a mainstream news site that was saying that the economic damage to the US for the Snoden leaks was in the tens of billions of dollars because of all the non US business that will be leaving US based cloud providers.

That's infuriating. It's the same as having an insecure system and then charging a hacker millions of dollars in restitution to re-architect the system to do it right.

Those firms wouldn't have to leave the US cloud providers if they had assurances that the US wasn't spying on them for no good reason.