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Semiconductors: The Geopolitics of the New Oil
Patrick Boyle On Finance
How to Create a New Economy in the West
Innovation has always been the key to western success. I would argue that western governments fighting subsidies with subsidies is simply a race to the bottom. This approach would reduce efficiency, innovation and destroy a vibrant business environment. You don't win a race by trying to trip your opponent up especially when there are significant costs to doing so. A far better strategy is just to run faster.
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