US tech companies are taking up middlemen roles to extract wealth from developed nations, while not adding a lot of value on their own. Their moat is not that big, and there are mature viable alternatives.
One does not need google in their lives to be exposed to advertisements to a local brand. Or pay a percentage fee to paypal or visa if you buy a local product.
US tech companies lose much more from a decoupling than Europe does.
One does not need google in their lives to be exposed to advertisements to a local brand. Or pay a percentage fee to paypal or visa if you buy a local product.
US tech companies lose much more from a decoupling than Europe does.