I'm amazed that Lutnick doesn't see the irony when he goes on a podcast with VCs & talks about China dumping Chinese EV overproduction to kill Volkswagen.
The 🇺🇸 VC ecosystem has been doing the same thing with private money in Europe. American VC-backed companies with their deep pockets have been running services at loss in order to eliminate competition for a long time, knowing that because of the deeper capital markets in the US they can win at that game.
We need the #CapitalMarketsUnion now!
Great podcast episode with Christine Lagarde.
Europe has talent, which needs funding. The #CapitalMarketsUnion is urgent.
“Instead of having this massive savings traveling across the Atlantic to be invested in the US and for US investors and venture capitalists to then come back to possibly invest in some selected projects which suits them. We should just indicate that there is a will and there is a way to invest in Europe.”
https://podcasts.apple.com/ch/podcast/the-economics-show/id1746352576?l=en-GB&i=1000742551132&r=692
@fj
There's this thing though in the end when Christine Lagarde is talking about using russian assets to help Ukraine:
- We have to respect international law.
- What signal would it send?
This is just stupid imo. Russia doesn't give a shit about international law. It would send a signal that if you break international law - we would reciprocate.
I'm amazed that Lutnick doesn't see the irony when he goes on a podcast with VCs & talks about China dumping Chinese EV overproduction to kill Volkswagen.
The 🇺🇸 VC ecosystem has been doing the same thing with private money in Europe. American VC-backed companies with their deep pockets have been running services at loss in order to eliminate competition for a long time, knowing that because of the deeper capital markets in the US they can win at that game.
We need the #CapitalMarketsUnion now!
What the #NerdReich of Silicon Valley VCs (Thiel, Praxis, Chamath ... ) don't understand is that not everyone lives in a world where everything is transactional.
Greenlanders don't share their values. Greenlanders can't be bought.
📺Full Interview: https://www.viory.video/en/videos/a3110_18012026
“Trump’s fixation on filching the island territory from Denmark may seem like the demented ravings of a mad king. But to a cohort of plutocrat [Silicon Valley Venture Capitalists] weirdos, it makes perfect sense.”
https://newrepublic.com/article/205102/oligarchs-pushing-conquest-greenland-trump
@fj @patrickhadfield And certainly not with US healthcare quality and costs. Bankrupt in their first three weeks. And that is just the start of the rape.
@fj I prob agree with this podcast (haven’t listened yet), but I wish it were also easier to immigrate to Europe (for me in particular, France).
I was able to move here, but because of its complexity I ended up only getting an education visa which (I didn’t know this at first) wouldn’t give me to right to work for non-French companies.
I would like to pay taxes to France for 2025, but I can’t (I’ll be paying in the US).
@zed There is an immigration angle on the EU startup strategy
https://mastodon.social/@fj/114024232661865331
@fj Wow j'etais absolument pas au courant de cette histoire, c'est fou !
