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If I understand this correctly, Boeing (US) and Airbus (EU) are competing head to head for extremely valuable contracts. The NSA tasks the BND to spy on Airbus employees and the company in order to maintain Boeing's competitive edge over Airbus. In doing so, threatening the jobs of fellow Germans (and other Europeans).

Is that more or less what has been going on?

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This is exactly whats going on, the NSA tried to get their selectors inside the BND snooping program and were partly succesful with this.

And when the BND noticed that a few thousand of these selectors were succesfully installed, they informed the german chancellery who miracly done... nothing at all to protect us against industrial spionage.

And they dont care about all the other stuff the US is committing from germany, like conducting their drone wars which make germany a legal war target.

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