So, there is ASML (only company that makes lithography fur sub 4nm chips), pharma industry (many Europe companies/universities RnD are essential for that industry), science as whole is very strong in EU.
Additionally, many trade routes are managed from EU / switzerland. And big investments ate taken by European entities.
Who do you think has more leverage in this relationship, and what stops the US from simply poaching the talent from Europe as the economy there collapses?
Imagine thinking you can ‘simply poach’ the talent from Europe. The US is far from the only country skilled migrants choose, and it’s looking less and less attractive to be a resident by the day.
If the economic situation in Europe continues to deteriorate then people with the means to do so will leave. They might not all go to the US, but that’s not gonna be a small consolation to Europe. The only other real alternative is China because nobody else is funding this kind of research and technology development right now.
So, there is ASML (only company that makes lithography fur sub 4nm chips), pharma industry (many Europe companies/universities RnD are essential for that industry), science as whole is very strong in EU.
Additionally, many trade routes are managed from EU / switzerland. And big investments ate taken by European entities.
Who do you think has more leverage in this relationship, and what stops the US from simply poaching the talent from Europe as the economy there collapses?
Imagine thinking you can ‘simply poach’ the talent from Europe. The US is far from the only country skilled migrants choose, and it’s looking less and less attractive to be a resident by the day.
If the economic situation in Europe continues to deteriorate then people with the means to do so will leave. They might not all go to the US, but that’s not gonna be a small consolation to Europe. The only other real alternative is China because nobody else is funding this kind of research and technology development right now.