Former German Chancellor defends balance between politics and business (Photo: Alexandros Michailidis/Shutterstock) Merkel spoke this Friday (22) in an interview with the German weekly Der Spiegel. “If someone like him [Musk] owns 60% of all the satellites orbiting in space, then that should worry us a lot, beyond the political issues,” he said.
Merkel suspects Musk in US power Merkel referred to Musk when asked if Trump's return to power in the US meant more challenges than his first term; The former chancellor then cited the “invisible relationship” between Trump and the largest companies in Silicon Valley, “which have enormous financial power”; He also highlighted that, during the 16 years he led Germany (2005-2021), he learned that it was necessary to balance the interests of “the powerful with those of ordinary citizens”; For the German, the financial crisis that the world went through between 2007 and 2008 highlighted the importance of politics as “the last model that can solve things”. “And if this last phase is strongly influenced by companies, financial funds or technology, this is an unknown challenge for all of us”, he explained; Merkel also highlighted that, “in a democracy, politics is never powerless over companies”. Read more:
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Trump chose a South African billionaire for his future government (Photo: Evan El-Amin/Shutterstock) It's crazy! Elon Musk and Jeff Bezos exchange words about Donald Trump's “mistake” Elon Musk and Jeff Bezos, two technology entrepreneurs playing billionaires, have always had a heated rivalry. An example is the aerospace sector, where both have companies competing for contracts with NASA (SpaceX and Blue Origin, respectively).
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