Found the Nazi. Plonk!
Amberskin
joined 9 months ago
I’d go any day with something controlled by the ECB instead of the CCP.
And don’t have any special antipathy vs the Chinese.
Don’t even need ‘savings’. Depending on US controlled companies is an existential risk.
Or the European TARGET system. Already in place, and works like a charm.
We also need to get rid of dependency on USA tech companies. Right now the POTUS can shut down the European economy with an EO ordering cloud providers to stop servicing European banks.
Not easy, it will require extreme protectionist measures to allow European alternatives to thrive. It will be expensive and will probably induce a recession. But the alternative is way worse.
Modern Fortran is a pretty decent language.
Fortran IV (and anything before Fortran 77) is a pain in the ass.
But I’d take it any day before code allucinated by a shitty token predictor.
Morgan Stanley predicts X. At the same time, Morgan Stanley sells their ‘services’ to achieve X.
Nothing to see here.
US presidents do not create laws. That’s the Congress job. And the baroque American political makes tremendously difficult to achieve enough supermajority to pass any law.
I’m a (spanish) boomer. I reported one of my bosses to my company health & safety comission because the bastard physically removed our chairs (I was a bank teller at that time). He was reprimanded, the chairs were put back in their places and the guy hated me deeply for the months we had to work together.
I was (still am) member of an union, btw. And that made a difference.
Meh.
You didn’t experience the thrill of taping music from radio stations.
Nor the compulsion to swear out loud when the radio guy started talking 10 seconds before the song ending
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It goes far beyond e-commerce.
Most European banks have moved part of their core to the cloud. DORA requires banks to have at least two cloud providers for their core services. Most of those providers are controlled by the Americans.
Yeah, of course it would be a declaration of war. The question is what we would do in that situation.
DORA should be amended so at least one of the cloud service providers should be European, or, alternatively, on prem. Tje European countries should provide themselves of legal and technical tools to seize the US-controlled vital infrastructure if necessary.
But what I read coming from Brussels is jus the usual shit.