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...through regulation instead of competition.



Well, China didn’t industrialize through fair competition either. There’s no mythical level playing field.

Regulations is not a problem. The problem is here in europe we ain’t focusing on engineering and manufacturing culturally. Regulations can create a void but do we have what to fill it with?


But competition is hard, just ask Boeing. Paying politicians you golf with to make laws favoring you is easier.


I agree - assuming the state can oversee this despite lack of expertise and being bribeable is never going to go well!




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