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ASML currently sells no chipmaking machines in Europe, executive says

125 points · 2 comments · doener

  1. cracki · · focus · HN ↗
    Oh, the EU economy is collapsing? I thought that was common knowledge.
    1. dgellow · · focus · HN ↗
      No? If that’s common knowledge that’s a common lie. It’s not really growing much but there is no collapse occurring. And if you look more specifically at countries some are growing rapidly
      1. christkv · · focus · HN ↗
        If you don’t grow then you are shrinking as percentage of the worlds economy becoming more and more irrelevant.
        1. viraptor · · focus · HN ↗
          A lot of the "growth" is debt and money going in circles. We'll see how much of it actually stays around next year. So far the US already has to bail out the datacentre expansion by funding transmission lines upgrades instead of asking for money for it from the companies.
          1. Schiendelman · · focus · HN ↗
            Please cite comments like this. It's not helpful to the conversation to make highly opinionated statements.
            1. mitxela · · focus · HN ↗
              What single source would satisfy you that the current US economy is a Ponzi scheme? I don't think it's really provable or falsifiable until long after the fact. We could start by pointing to the bond market or the price of gas?
              1. Schiendelman · · focus · HN ↗
                Once you go that far, you'll just decide all currency is a Ponzi scheme.
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