Intel: a clever plan, indeed!

[W Balboos GHB]

Get the EU to have a stake in keeping the plant running[^] instead of lawsuits to against them to subsidize their expenses. I do hope, if this goes through, that the US doesn't kick in money to build the plant unless it's to be built in the US. I mean, really, do you think the EU would kick in to subsidize building a plant in the US. A subsidy is not an investment with a return; just a give-away: the jobs will be in the EU, and surely the VAT - so it's pretty clear who's benefiting from the site location. Now, some good fallout from such a project would be putting Asia (China) on notice that the west really is pulling out of being held by the short-hairs for, well, just about everything.

Ravings en masse^

"The difference between genius and stupidity is that genius has its limits." - Albert Einstein

"If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010

[Lost User]

W∴ Balboos, GHB wrote:

A subsidy is not an investment with a return

In theory it is; doesn't have to be a monetary return, but it should have some measurable benefit, like lower crime rates or similar.

W∴ Balboos, GHB wrote:

just a give-away

Yeah, that's how it goes in practice :D But it's not real money we giving, it's fiat, and there's a lot more where that's coming from. According to our economists, breaking a window is a gift for the economy, especially if you wounded in the process.

W∴ Balboos, GHB wrote:

the jobs will be in the EU, and surely the VAT

If in the Netherlands, they'll hardly be taxed. Because "jobs", and if we no tax-haven, those jobs go somewhere else. So, we a tax-paradise for those kind of companies. No, not much jobs; they put their headquarters here for taxes, and the real plants somewhere else.

W∴ Balboos, GHB wrote:

Now, some good fallout from such a project would be putting Asia (China) on notice that the west really is pulling out of being held by the short-hairs for, well, just about everything.

Yeah, well, we subsidize China, since it is a third world country, according to definitions. The world gone tiktok, and the tiktok generation is next in line to rule on the world stage. You know, from the series "a tiktokker drank 50 liters of water, this happened to his brain" :) Man, it'll be fun to see them with the power of our nukes.

Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

[W Balboos GHB]

Eddy Vluggen wrote:

Man, it'll be fun to see them with the power of our nukes.

I guess it's never too late for schadenfreude.

Ravings en masse^

"The difference between genius and stupidity is that genius has its limits." - Albert Einstein

"If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010

[Lost User]

It's the end of the world as we know it, and I feel fine :) Can't even explain how dire it is; I just sound like an old man explaining to youth how it used to be better in our time, when we had to walk 50 kilometers through snow, hunted by wolves.

Bastard Programmer from Hell :suss: "If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.

[BillWoodruff]

Your inferences from this article are even more confused than your usual. 1) Intel's EU and US "initiatives" to seek subsidies are completely separate: the inference the US would even consider subsidizing a plant in the EU is lunacy. 2) both US and EU may view in-country major chip fabs and capacity as a strategic (military, economic) investment given global geo-politics (read: ascendency of China; danger of chip shortages). That's the big carrot Intel is trying to dangle. I find the omission of any mention of Russia in the article: interesting.

«One day it will have to be officially admitted that what we have christened reality is an even greater illusion than the world of dreams.» Salvador Dali

[W Balboos GHB]

BillWoodruff wrote:

Your inferences from this article are even more confused than your usual.

You worked way too hard for this comment. The point I find most interesting is yet to be seen: will the EU find fine Intel, down the road, with some sort of anti-trust accusation as punishment (read that EU money-mining) for being more successful than their own companies?

Ravings en masse^

"The difference between genius and stupidity is that genius has its limits." - Albert Einstein

"If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010