Broke Italians pay $5 billion to make Intel rich

Stefan Mileschin · 9th August 2022, 08:19

Wants it to build a semiconductor packaging and assembly plant

The nation which built an empire stretching from the Britain to Persia is following its neo-liberal dreams by giving Intel $5 billion to build a semiconductor packaging and assembly plant in the country.

To put this into some perspective, Italy is flat broke and owes money to practically every country in the known world. Most of its highly skilled workers are paid less than 2000 euro and its health system nearly collapsed under Covid because successive governments have trousered cash into their own bank accounts. Local authorities are struggling to get rubbish collected, even though that is arguably their only job other than keeping UK people from staying in the country.

So, given all that, why not give money ear marked for Covid redevelopment to an American company who will hire a few highly skilled workers which it will presumably have to import into the country?

https://fudzilla.com/news/pc-hardwar...ake-intel-rich

9th August 2022, 08:19	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,726	Broke Italians pay $5 billion to make Intel rich Wants it to build a semiconductor packaging and assembly plant The nation which built an empire stretching from the Britain to Persia is following its neo-liberal dreams by giving Intel $5 billion to build a semiconductor packaging and assembly plant in the country. To put this into some perspective, Italy is flat broke and owes money to practically every country in the known world. Most of its highly skilled workers are paid less than 2000 euro and its health system nearly collapsed under Covid because successive governments have trousered cash into their own bank accounts. Local authorities are struggling to get rubbish collected, even though that is arguably their only job other than keeping UK people from staying in the country. So, given all that, why not give money ear marked for Covid redevelopment to an American company who will hire a few highly skilled workers which it will presumably have to import into the country? https://fudzilla.com/news/pc-hardwar...ake-intel-rich

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