>>106623361
>this hasnt happened in history before right? why are americans investing so much in overseas tech?
because it allows for capital flight. Governments go gaga to host them as it allows for prestige. Reeves evacuated soul returns so she can announce our tech industry and defence industry is alive and well then she says "labour is delivering growth, something that the torys (she'll use torys btw not conservatives) couldn't do in 14 years! record investment!".
Now, we want private industry doing that here, and we want the government to fund it....that's the current model, we don't actually want that, because capital flight still happens, just to a lesser degree.
We want national industries and co-ops being invested in by the government because the money stays in the country, the debt is essentially written off since we're going to generate the money anyway. Gilt owners get fucked (good) and we have a tech sector that doesn't sell out to the US.
The last can never happen. It is not allowed to happen. You are to be enslaved by nvidia or palantir or microsoft, they'll lay you off in a boom or bust cycle and the growth, the profit, the revenue you generate? Taxed lightly and then pumped straight out of here to the US dollar, then kept in a bubble to fund whatever failure they'll think up next.
