The article's Karim Khan example pretty deeply undercuts the thesis. Losing access to your bank account is the actual coercive power. Losing a Microsoft email is an inconvenience in comparison.
If your business has everything on GCP/AWS/Azure (which is very common) and the Americans choose to weaponinse US tech against your country or business, then unless you have non-US backups you are probably dead and all of your employees unemployed. If you are a state, all of your services and functions are probably dead and you have to rebuild from nothing. That is certainly true of my company and there are some mutterings starting where I am internally about worst case disaster recovery if suddenly one of these suppliers just disapeared.
In this new world you cannot trust that this will not happen. As a European relying on the Americans is honestly probably little better than relying on the Russians and probably on par with relying on the Chinese in terms of risk profile. Note we are actually for all intents and purposes at war with Russia.
The amount of leverage the Americans have over Europe is insane, and every captial should be trying to mitgate that risk asap.
> If your business has everything on GCP/AWS/Azure (which is very common) and the Americans choose to weaponinse US tech against your country or business,
these companies have datacenters in Europe too. It is not wild to think that if push comes to shove and US cut off Europe, then Europeans can just take control over those European data centers and restore access to GCP/AWS/Azure in Europe because these datacenters are on their soil and predominantly employing Europeans.
There are plenty banks owned and operated within the EU. One bank folded for US pressure but when push comes to shove the EU can force banks in the EU to uphold EU rules and regulations.
That's not the case for digital infrastructure like Google Workspace, Google cloud, Office 365, AWS, etc.
> when push comes to shove the EU can force banks in the EU to uphold EU rules and regulations.
This made me realize that many people who are extremely critical of the power the EU has, have no idea how much that power is often protecting them.
This is not a dismissal of the fact that it's absolutely critical to stay vigilant about how that power is used. But it's quite clear that without that power, the US would've abused theirs way more within Europe.
When the US sanctioned Hong Kong’s Chief Executive in 2020, because of a law allowing extradition to China, no single bank was letting her open an account, including Chinese ones. She was receiving her salary fully in cash.
The EU compelling banks to do business despite US sanctions seems pretty unlikely even if relations continue to degrade.
>Losing a Microsoft email is an inconvenience in comparison.
Losing access to data is potentially worse than losing access to your bank account. I doubt Microsoft will let you grab a copy of all your emails after they block/ban you.
a_humean|1 month ago
In this new world you cannot trust that this will not happen. As a European relying on the Americans is honestly probably little better than relying on the Russians and probably on par with relying on the Chinese in terms of risk profile. Note we are actually for all intents and purposes at war with Russia.
The amount of leverage the Americans have over Europe is insane, and every captial should be trying to mitgate that risk asap.
formerly_proven|1 month ago
general1465|1 month ago
these companies have datacenters in Europe too. It is not wild to think that if push comes to shove and US cut off Europe, then Europeans can just take control over those European data centers and restore access to GCP/AWS/Azure in Europe because these datacenters are on their soil and predominantly employing Europeans.
jsiepkes|1 month ago
That's not the case for digital infrastructure like Google Workspace, Google cloud, Office 365, AWS, etc.
wickedsight|1 month ago
This made me realize that many people who are extremely critical of the power the EU has, have no idea how much that power is often protecting them.
This is not a dismissal of the fact that it's absolutely critical to stay vigilant about how that power is used. But it's quite clear that without that power, the US would've abused theirs way more within Europe.
phi0|1 month ago
The EU compelling banks to do business despite US sanctions seems pretty unlikely even if relations continue to degrade.
tomjen3|1 month ago
Microsoft relies on the EUs courts to recognise their property rights.
Qwertious|1 month ago
Losing access to data is potentially worse than losing access to your bank account. I doubt Microsoft will let you grab a copy of all your emails after they block/ban you.
epolanski|1 month ago
This is a very major inconvenience.