alt Hacker NewsDepending on what you mean by in control you are either right or wrong.
You cannot do everything. Specialists can get really good at one thing, so it is best for the world to specialize and get those other things from someone else. Going it alone is bad for everyone.
However you also cannot trust anyone else. So you need to have plenty of options such that if one specialist turns out bad you can cut that one off.
EU has almost 450M people. USA had the thing on lockdown for decades with < 340M people. Japan made a hell of a showing in the 80s with < 124M. Europe has the human capital. It is foolish not to use it.
There are other considerations outside of globohomo quantifiables—like workforce development, domestic know-how, self-sufficiency, robustness to supply chain failures & geopolitical upheavals… Basically, the Taleb stuff.