A key feature of Biden's Inflation Reduction Act is the re-shoring of critical tech for clean energy, especially in battery technologies for electric vehicle...
Yeah I saw that one video someone posted about how the inflation reduction act is DOA and even I didn’t realize how fucked America is. Like I thought America would make some kind of gains by restoring industry in some sectors, but that video was a big eye opener that America is trying to win a race with no legs. Even if European industry leaves there and comes to America there is really no hope. All of Europe is much better off telling America to fuck off and to begin making deals with China.
Seriously, US keeps acting like they have some leverage here but in practice they’ve been left far behind already.
Yeah I saw that one video someone posted about how the inflation reduction act is DOA and even I didn’t realize how fucked America is. Like I thought America would make some kind of gains by restoring industry in some sectors, but that video was a big eye opener that America is trying to win a race with no legs. Even if European industry leaves there and comes to America there is really no hope. All of Europe is much better off telling America to fuck off and to begin making deals with China.
That requires having actual sovereignty.