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The world is trying to log off U.S. tech (restofworld.org)
submitted 9 months ago by to c/technology@lemmy.world
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Countries are growing uneasy about their dependence on U.S. technology firms.

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[–] 4 points 9 months ago (1 child)

70% of the US economy is consumer spending. Hit them where it hurts.

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  • [–] 1 point 9 months ago

    I agree, the problem is you have to consume at some level you need food water clothes etc. and for poorer people 100% of their income goes to just buying the basics. You also don’t want to put other citizens out of jobs because of a boycott, that would get unpopular quickly.

    For this to work long term you need to get the top 10% or 20% of consumers to cut back on the extras. I.E. Amazon Prime, Netflix, Chat GPT subscriptions, hold off buying an iPhone or electronics, etc.

    If you did that and caused consumption to dip even 5% you would hurt the companies that the oligarchs run and in turn hurt Trump.

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