Countries like the US and China are not afraid to subsidize strategically important industries in regions with proven capabilities.
Meanwhile the EU likes to waste resources on failed hopeless regions. For example the new investments into making EU independent on chip manufacturing is going to the failed hopeless eastern parts of Germany. I know East Germany had the strongest electronics industry in the former Eastern Bloc but nowadays it's a literal failed hopeless zombieland.
Countries like the US and China are not afraid to subsidize strategically important industries in regions with proven capabilities.
Meanwhile the EU likes to waste resources on failed hopeless regions.
The U.S. has a long history of subsidizing industries in so-called "hopeless" regions. For example, putting the FBI fingerprinting office in Clarksburg, West Virginia.
Doing things like that is how you keep "hopeless" regions from becoming even worse, and makes things better for the nation as a whole. You spend some money on jobs and opportunity, or you spend a lot more money on food subsidies and criminal justice.
Are you a European "Union," or not? If you want every region to fight for resources, then you'd might as well go back to feudal times.
Europeans on HN are always saying how it's the "civilized" continent. I don't see that in language like "hopeless zombieland."
Meanwhile the EU likes to waste resources on failed hopeless regions. For example the new investments into making EU independent on chip manufacturing is going to the failed hopeless eastern parts of Germany. I know East Germany had the strongest electronics industry in the former Eastern Bloc but nowadays it's a literal failed hopeless zombieland.