On the subject of morality: I agree, and I would extend it to the western EU states. You hear similar things from France, Austria and the like. Unfortunately, these states are generally very happy to take money, but then want to keep the subject of human rights quiet. Prices: China is currently expanding (cheap) renewable energies at a pace that Germany can only dream of. In both absolute and percentage terms, China has caught up at such a pace that people in the EU would howl if it were made public. Renewable energies are the cheapest energy sources in the world. Of course, this also keeps electricity prices low. In the last 15 years, China has expanded so massively that the price of electricity is currently very low. (In Germany, large companies sometimes receive flat-rate purchase agreements. In other words, if at least X MWh are consumed, you pay like a flat rate. There is no such thing in China. In addition, electricity prices for companies such as BASF are free of levies and the like). The argument that people are now going to China because of the electricity prices is a bogus argument for me in order to escape the European tax burden, German workers' rights and European market control. After all, it's easier to trade with sanctioned countries via China. 😉 Unfortunately, I'm not familiar enough with the software issue.
I've only heard in passing that German or European software is probably the main focus, as many US software companies have problems with the strict data protection regulations and some also want to keep backdoors in the EU based on the Patriot Act. But that's more of a rumour mill. I almost only bet on Germany through the ETFs and then just $XTP as a small bet on their start-up investments.
I've only heard in passing that German or European software is probably the main focus, as many US software companies have problems with the strict data protection regulations and some also want to keep backdoors in the EU based on the Patriot Act. But that's more of a rumour mill. I almost only bet on Germany through the ETFs and then just $XTP as a small bet on their start-up investments.
•
55
•@Staatsmann
Morality: True, but it should also be noted here that a distinction should be made between development aid (morality is absolutely appropriate) and economic business prices: All fair points and of course many companies also like to use excuses that are currently politically available. On the points of tax burden, market controls, etc. exciting points. I think we have to assert ourselves against the USA in particular, which currently offers much more attractive framework conditions than Germany and the EU. Software: Unfortunately, I don't really know any more about this than the article says, but the point you made about data protection and whether the data remains in the EU or flows via US servers are of course interesting questions. Nevertheless, I don't think we can achieve digital sovereignty without the Microsofts, Amazons and Alphabets of the world.
Morality: True, but it should also be noted here that a distinction should be made between development aid (morality is absolutely appropriate) and economic business prices: All fair points and of course many companies also like to use excuses that are currently politically available. On the points of tax burden, market controls, etc. exciting points. I think we have to assert ourselves against the USA in particular, which currently offers much more attractive framework conditions than Germany and the EU. Software: Unfortunately, I don't really know any more about this than the article says, but the point you made about data protection and whether the data remains in the EU or flows via US servers are of course interesting questions. Nevertheless, I don't think we can achieve digital sovereignty without the Microsofts, Amazons and Alphabets of the world.
••
@Mister_ultra I also think it's right to question the morality of economic transactions. Were the raw materials you want to buy mined using child labor or slave-like employment conditions? What impact did the production have on the local economy and the environment? For example, it also sounds great that you can donate old clothes. The fact that this has developed into a real mafia that has completely taken over the local clothing markets is often ignored. It is similar with our "food leftovers". In Germany, the breast and wings are preferred for the production of chicken meat. The legs go to African countries and, with the dumping prices, ensure that local livestock farmers can no longer offer chicken meat economically, because our "waste" is squandered there. With software, it is the case that you buy software according to your own standards. If appropriate standards are not offered, then you have to develop something yourself. Especially with regard to data protection etc. I have nothing to hide, but I wouldn't think it's great if the software for bodycams then analyzed the deployments and people in Germany in the USA... It's similar with software for managing prisons, law enforcement etc.
••