culpritus [any]

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Joined 4 years ago
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Cake day: October 20th, 2020

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  • The closing paragraph really gives the game away, but can’t expect any better from The Economist:

    In the process, the West has been abandoning its commitment to a bottom-up, market-based approach to setting technical standards.

    So in the process of being spooked by China, the world’s largest manufacturer of electronics, having some influence on standards, the West refers to letting the biggest pile of capital set standards for profit as a ‘bottom-up approach’.

    “We are being forced to undermine a system that has been very effective and that we have profited from for a long time,” laments Mr Rühlig. In more ways than one, China is making the West play by its rules.

    China now being more capable at playing the same game they been playing for decades is framed as a terrible injustice. They are crying that they used to be able to set standards that relied on privately owned intellectual property that generated easy profits for years or even decades.






  • Here is the relevant section:

    Over many years, the United States has criticised NATO Allies for not spending enough on defence. Rightly so. And I commend the U.S. leadership on this important issue. But things have changed.

    All Allies have increased defence investments. Adding an additional 450 billion dollars. NATO Allies have committed to spending at least 2% of their GDP on defence. And many are exceeding that target already. For example, this year Poland will spend more than 4%. No other Ally spends more.

    With more money, we are boosting our defence industry.

    NATO creates a market for defence sales.

    Over the last two years, NATO Allies have agreed to purchase 120 billion dollars’ worth of weapons from U.S. defence companies.
    Including thousands of missiles to the U.K, Finland and Lithuania, Hundreds of Abrams tanks to Poland and Romania, And hundreds of F-35 aircraft across many European Allied nations – a total of 600 by 2030. From Arizona to Virginia, Florida to Washington state, American jobs depend on American sales to defence markets in Europe and Canada.

    What you produce keeps people safe. What Allies buy keeps American businesses strong. So NATO is a good deal for the United States.

    Ladies and gentlemen,

    The Heritage Foundation stands for the power of ideas that keep America strong. NATO is an incredibly powerful idea. That advances U.S. interests. And multiplies America’s power.