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ASML says it sold 'absolutely nothing' in Europe in 2026

402 points · 900 comments · MC995

  1. Kim_Bruning · · focus · HN ↗
    So currently europe is exposed to russia-ukraine, us-iran, and shortly china-taiwan. This is not a great place to be in.
    1. sajithdilshan · · focus · HN ↗

      [dead]

      1. bpodgursky · · focus · HN ↗
        Sorry this is a crazy interpretation of events.

        Europe has 15x the GDP of Russia. If they were "hell bent" on militarily defeating Russia, they could have made even tiny sacrifices to the social welfare system, diverted industrial production to military aid, and drowned Ukraine in help. That was a very achievable goal, and they didn't do it.

        Instead, the vacillated on importing US natural gas, continued shutting down nuclear power plants, and paid Russia MORE CASH FOR OIL than they ended up giving Ukraine in military aid! They did not in fact, dedicate themselves to this war in any way shape or form.

        1. PorciiVorbesc · · focus · HN ↗
          > they could have made even tiny sacrifices to the social welfare system, diverted industrial production to military aid, and drowned Ukraine in help. That was a very achievable goal, and they didn't do it.

          We already did that. Welfare and funding to social services, elderly care, etc is significantly reduced and with higher bar to get than before 2022 where I live. Plus we're also paying the price in higher housing costs thanks to housing millions of Ukrainians.

          It's easy to want a higher reduction on welfare services when you're not the one needing them. It's easy to write cheques that other people have to cash.

          1. gib444 · · focus · HN ↗
            [delayed]
            1. bar8uyr · · focus · HN ↗
              Then go private and get the same treatment as the USA. Or wait 16 weeks and get it for free.
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