And as time progresses they only become more and more detached from material production. They bankrupt company after company that actually engages in material production, all for the gain of wall street. Soon enough the entirety of the wealth of the US will be imaginary.
The neoliberals running Europe are inside the circle that the US dictates. This will be awful for Europe’s economy, but that isn’t the neoliberals’ concern.
Germany’s productivity and manufacturing will take a major hit. Combine this with France’s waning presence in the Sahel and North Africa. The result is Europe’s GDP and PPP will shrink at a faster pace.
The whole region will be driven towards China for the sake of lower priced goods. Unless the US threatens tarrifs, then I don’t see how this isn’t just setting up the neoliberals’ hegemony to fail.
The whole region will be driven towards China for the sake of lower priced goods. Unless the US threatens tarrifs, then I don’t see how this isn’t just setting up the neoliberals’ hegemony to fail.
they pissed off china when they enacted the tariffs that the biden administration wanted to suppress chinese growth; so i wonder how the chinese would react when they reach out for this help.
The one good thing about the neoliberal stage is that bankers, people that are completely divorced from the actual production, run the imperial core.
And as time progresses they only become more and more detached from material production. They bankrupt company after company that actually engages in material production, all for the gain of wall street. Soon enough the entirety of the wealth of the US will be imaginary.
Blessing and a curse.
The neoliberals running Europe are inside the circle that the US dictates. This will be awful for Europe’s economy, but that isn’t the neoliberals’ concern.
Germany’s productivity and manufacturing will take a major hit. Combine this with France’s waning presence in the Sahel and North Africa. The result is Europe’s GDP and PPP will shrink at a faster pace.
The whole region will be driven towards China for the sake of lower priced goods. Unless the US threatens tarrifs, then I don’t see how this isn’t just setting up the neoliberals’ hegemony to fail.
they pissed off china when they enacted the tariffs that the biden administration wanted to suppress chinese growth; so i wonder how the chinese would react when they reach out for this help.