10 points | by wmf 10 hours ago ago
6 comments
We going for a pseudo nationalization now?
We will see how it goes. I worry that it is mostly going to be a way to boost stock price and funnel money into the company.
It’s a common strategic tactic used by many countries
https://www.reuters.com/markets/europe/government-stakes-eur...
TSMC was funded by Taiwan and everything in China is subsidized so we kind of have no choice.
Larger discussion from later today: https://news.ycombinator.com/item?id=44989773
I pay taxes. Do I get a seat on the board?
No?
Then don’t use my taxes on that!
We going for a pseudo nationalization now?
We will see how it goes. I worry that it is mostly going to be a way to boost stock price and funnel money into the company.
It’s a common strategic tactic used by many countries
https://www.reuters.com/markets/europe/government-stakes-eur...
TSMC was funded by Taiwan and everything in China is subsidized so we kind of have no choice.
Larger discussion from later today: https://news.ycombinator.com/item?id=44989773
I pay taxes. Do I get a seat on the board?
No?
Then don’t use my taxes on that!