• GreatSquare@lemmygrad.ml
    link
    fedilink
    arrow-up
    15
    ·
    1 day ago

    Imagine if the EU spent a fraction of the money burned on Ukraine doing this stuff for the past three years.

    It’s a good idea but I think the EU would still be faced with Trump tariffs reducing their competitive edge in their big export market. They already are struggling with rapid deindustrialization due to high energy costs. It all spells long recession.

    I don’t see Twitter, Google etc pulling out of the EU any time but I guess it’s possible.

    The EU are just going to fold. Their retaliation is not meaningful. They are economically weak.

    The trade surplus they had with America is eventually going to be invested back into the US to restore their manufacturing. They’re going to just pray it all turns a profit. It kills their own manufacturing jobs but they don’t give a shit really. The capitalists survive and that’s all they care about.

    • Pathfinder@lemmygrad.ml
      link
      fedilink
      English
      arrow-up
      18
      ·
      1 day ago

      The only hope Europe has of breaking its subservience to the US is to not just make nice with Russia, but to totally embrace it. That is not likely to happen anytime soon, so Europe is just going to be America’s punching bag until they get it.

      • GreatSquare@lemmygrad.ml
        link
        fedilink
        arrow-up
        8
        ·
        1 day ago

        Honestly the EU could do a lot of stuff if they had their own interests in mind.

        They could sell EUV lithography machines to China while there’s still a market for it.

        They could invest in building their renewables even quicker so their energy costs can come down and they can afford to manufacture stuff in the future.

        I think they won’t do that though. Warms my heart to see Europe go down the drain due to their own subjugation to America. Screw them for their geopolitical shenanigans.