211–220 of 318 posts
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Healthcare, education and retirement/social security included.
Plus, OP makes 6000 euros a month which really is not nothing .
Many people just gave up to the dream of real estate ownership. Rent till the death.
With 6000 monthly how many years they need to save money for down payment for small apartment? Buying a house is not an option at all for working people.
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> they can just limit the export of ASML machines only to companies that have a fab here in the EU This kills the crab. Specifically, that would force the development of a (probably taxpayer-funded) US competitor. Even at the cost of delaying the shrink cycle by a few years.
Why? Setting up one of the n sites a company operates on EU turf would certainly be easier than avoiding ASML altogether. How would it force setting up a competitor? There's a huge difference between "can't use outside" and "can't use exclusively outside".
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I work at said company with just a bachelors degree and make (way) more than that. I think its mostly PHD's that are paid shit comparatively to the US, lol. I've heard it's because there's little to no competition. If you have PHD's in certain fields, you can either work at ASML here or do something else unrelated to your PHD.
> I think its mostly PHD's that are paid shit comparatively to the US, lol. No. The salaries at all levels in Europe are lower than in the US, regardless of a few outliers. That part is indisputable.
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As a local I support this. Simply because having more smart people eventually benefits Dutch society and the long term is far more important than the short term. Usually this argument is based in some for of jealousy, but consider: an expat gives up their current life to chance it all on another, has stupendously high private costs if they want to keep up with their family and has to start all over again from scratch…
Another supportive argument (especially for Europe, maybe not US) is that those knowledge workers have spent a considerable time, money, and effort to acquire that talent/skill-set, and unlike your own citizen your country spent *zero* euro paying for that . Most European countries have heavy tax but very protective social services, including free education and universal healthcare, which only works because there's a…
I think this is the wrong way to look at it. You are looking at it from an individual perspective. I think it's better to look at it from the perspective of the society as a whole.
Free education isn't a gift to an individual that they need to pay back. Free education is an investment into society. Society as a whole benefits from the fact that there are now well educated people around.
You don't pay taxes to pay back the education you received. You pay taxes to support the society you live in. If you want to live here, you need to pay your share, and how much you personally benefitted in the past or in the future should not affect how much you have to pay.
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>If they really want to, they can just limit the export of ASML machines only to companies that have a fab here in the EU. LOL This would devastate the world economy. Gl getting chips for phones, computers, satellites...
They wouldn't have to put all their fabs here. But if they want the latest ASML machines they need to have at least one big fab inside the EU, or else they only get one generation back. There's only a handful of companies in the world producing chips at scale, so it wouldn't be too out of the question. You could even invite the Chinese to put their fabs in the EU so that they get a chip sector they control but also m…
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I dunno, the issue with government picking the winners is there’s plenty of people who like money out there and sound very convincing. Even selecting the best people you still might not build what ASML have. I’m not even sure they can produce the mirrors needed for EUV let alone the laser light source and all the tens of thousands of other technologies that are in these machines. It’s extremely hard and China is in a…
The Chinese government attempting to pick winners is the best hope the chip embargo has; Xi Jinping is ironically the person best placed to cause it to succeed. The issue is that a Manhattan projet styled effort followed up by turning technology over to private industry is something that China could very well do and would probably be effective. Let alone the silly idea of challenging multiple countries simultaneously…
All the big blocks: EU, US, South Korea, Taiwan, and China assume that their subsidy policies will expand their market share. Obviously they cannot all be right. The only that I think is given that will expand its global market share is China. Paradoxically because of the US sanctions and the fact that it relies so much on imports presently.
That doesn't make sense given that all the other big blocks are cooperating across borders while China is subject to stiff export controls in an area with real technological chokepoints.
This can become very realistic by 2025 even. Just poach the brains at ASML, shower them with money (you know those fucking 50 millions bonuses that shitty CEO's enjoy nowadays), give them free hand for all decisions (both tech creativity and management) and voila! - goal achieved. Doubt will happen since this "goal" smells more like another "it's electoral year, let's make some noise in the press" rather than an actu…
ASML has brains ( and brains are rarely for sale like that, it takes forever to get a large qualified workforce ), suppliers ( their machines are made of very high grade components that are nearly impossible to source ), and a solid head start.
This isn't a software company.
It's just more practical to work with them.
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ASML isn't guarding profound insights revealed by the gods requiring some sort of eternal liver pecking sacrifice to obtain. If the EU plays hardball to too great an extent, other countries will replicate the research. China will already have started their attempts. It isn't crazy to expect them to achieve success single handedly. If all of Asia starts mucking in the EU will get crushed. The EU does not have a track…
>ASML isn't guarding profound insights revealed by the gods requiring some sort of eternal liver pecking sacrifice to obtain. As someone who's worked in semiconductors... [citation needed] on that claim. >If the EU plays hardball to too great an extent, other countries will replicate the research. If they could have , they would have . Many have been trying, and still are. >China will already have started their attem…
When there is a giant like ASML in the market, the competition is squashed out pretty quickly. Especially when the barriers of entry are so high like in fab space, the competition does not stand a chance to capture any good tenders.
Pull ASML out of the equitation to "punish" Chinese- suddenly those "bug" fab companies are flourishing and winning tenders left and right and suddenly become viable businesses. Give it X years and they are competitors.
Of course if this is a viable route, you may ask : Why don't China ban ASML then? They could, but of course there is going to be short term pain in impacting all levels of supply chain and therefore macro economics. They may not want to take the hard pill.
EU has no money for anything. We're "commies". ASML already announced they're leaving the Netherlands. No 100% with those words, but they already know where they're going.
And where is ASML leaving the communist European block to? If it is so clear, you should be able at least to tell us the destination. Props if you link to some sources confirming the future move.
Germany (Berlin) (still EU, but at least there's a better climate). Enough space, people, life it good, lots of their partners are there.
Otherwise: Switzerland.
No sources.. But a highly technical CEO of such an important company does not 'threaten' our country to leave without actual plans and intention. I've said many times, if ASML was American, its marketcap would be 3-4x.
Shell, Unilever, KLM all left the Netherlands already.