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s_dev an hour ago

Trump's actions are pushing Europeans towards federalisation as a broader trend.

More specifically things like this are happening quietly in the background:

https://commission.europa.eu/news-and-media/news/eu-inc-maki...

This mandates a few things:

Countries must do certain things in English to ensure a common language.

Simple liquidation for bankruptcies, register once and operate across the EU.

Places like Germany have loads of talent but are cumbersome to setup a startup etc. This reduces that.

Things won't change overnight but a decade from now things will look a bit different, capital markets won't match the US by then but I expect the dependence trend will start to have reversed. There is no crystal ball for these things.

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RandomLensman an hour ago | parent | next [-]

There is stuff happening but I think most of it is addressing side issues (and cannot address some cores outside of an actual USofE, if then).

For example, how would that overcome local resistance to new infrastructure or reduce the huge amount of (local) regulations in a significant way?

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s_dev an hour ago | parent [-]

The US has these issues as well as still has a strong tech sector, you also have to keep in mind a successful outcome for the EU won't be what the US has right now either. You get charts like this floating around the internet: https://postimg.cc/Yh8TPs8g

Nearly always presented as a 'dick swinging' look how great we are chart in a EU vs US vs China stand off. However it reveals flaws in the US as well. A successful tech sector in the EU will be lots of small bubbles where the combined area is somewhat approximates what is in the US and China.

A handful of giants is not desired here in the EU, you can see the issues this presents in the US as well, chiefly: it's distorting the political system to becoming like Russia. Oligarchy.

That's not even getting in to the chart is deeply flawed but that's not the point I'm making.

	▲	RandomLensman an hour ago \| parent [-]
		Yes, certain issues are found in the US, too, but doesn't mean they shouldn't perhaps be addressed. Some things also might need scale at least in aggregate and either tech leads to some sort of Coasian singularity or having a lot of small things comes with additional transaction costs.

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nradov 30 minutes ago | parent | prev [-]

It's ironic that the EU has adopted English as their primary language now that England is no longer in the EU.