Hello,
More of my philosophy about to subsidize or not to subsidize companies..
I am a white arab, and i think i am smart since i have also
invented many scalable algorithms and algorithms..
I invite you to read the following interesting new article
about what Europe's $48 billion chips plan could do for quantum computing:
https://interestingengineering.com/europe-silicon-chips-funding-quantum-computing
I think i am smart, and i say that notice how the European Chips Act,
which still has to be approved by EU member states and lawmakers, would temporarily re-write strict rules that regulate when and how individual countries are allowed to subsidize industries within their borders, but
i say that notice carefully that this wanting of European Union to
subsidize Chips companies is due to chip shortage and supply chain
crisis that has injected instability into the global economy , so this
European Chips act is like the exception to the rule of subsidizing
companies, since European union is not going to sacrifice the advantages
of competition to do the same thing that others like China do, namely to subsidize companies. No, because European Union would sacrifice the idea
that the market is there to serve consumers with fairness and fair prices.
And i invite you to read my thoughts about the other economic problems
of China:
https://groups.google.com/g/alt.culture.morocco/c/WioBZfc066U
Thank you,
Amine Moulay Ramdane.
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