Smetters offered one note of caution about how war costs are typically framed. “One problem I have with cost-of-war calculations is that they really do ignore the counterfactual,” he said in a bit of an understatement. “If Iran really did get a nuclear weapon, then we might have spent a lot more on military and even repair of cities later on.”
Екатерина Улитина (Редактор отдела «Забота о себе»)
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Мерц резко сменил риторику во время встречи в Китае09:25
下游的优势在于市场想象空间巨大，估值弹性高，一旦实现技术突破，有望获得垄断性收益。但风险远高于上下游：盈利周期极长，预计要到2030年才能实现现金流转正；技术路线失败率高，类似Meta元宇宙投入效果不佳的案例并不少见；且资本依赖性极强，一旦融资环境恶化，将直接冲击企业生存。
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“脱贫的兜底必须是固若金汤的”
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