Sunday, June 21, 2026

René Aust, June 15, 2026, European Economic Independence

EU Parliament, Strasbourg, P10 CRE-REV(2026)06-15(1-0060-0000).

Over night, Europe was cut off from leading technologies. In this area also, the dependence on the United States of America once again became a boomerang . Yet who actually is responsible for this? Just a few decades ago, it was so that Germany in regards the development in this area was quite advanced; names like Schmidhuber and others were exemplary for that. 

Yet it is so that the financial regulations here in the European internal market make it ever more difficult to really drive forward such large developments - in contrast to the U.S.A.. And the AI Act, the law on artificial intelligence and the regulations pertaining thereto were once again - so as to formulate it carefully - over-formulated. The excess caution, to be able to regulate in advance all that is possible, lead to that our firms could not develop at a sufficient scale - in contrast to the United States of America.

Today, the outcry is again great. We need to place more freedom and less bureaucracy at the disposal of our businessmen. Yet in other areas also the dependence of Europe and Germany is simply horrifying because we thereby make ourselves liable to extortion. Europe needs more partners in the world, and this only works when those responsible in Europe no longer instruct with the upraised middle finger and want to re-educate other cultures, but by which we extend the hand for honest cooperation.

[trans: tem]