Quote:
Originally Posted by AVGWarhawk
Skybird, the Fed is printing money it can not back. It is a very big problem.
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Indeed.
Joey,
I cannot see any attempt to form a federalised superstate inside the EU having a realistic chance for realisation. Europe is not the US. The US was found ion the very basis of non-exist former nationaöl states, and on immigration. In Europe, this is not the case - there are historically grown national characteristics, although bureaucrats and eurocrats hope to establish a EU superstgate nevertheless. But the truth is there is no siuch thing like a single european identity, and there never was. There are many Europes instead, and the best we can make of that is (becasue this dioversity historically also is the reaosn for the former power and developement of Europe), that we can form economic cooperation and the forming of a more or less unified voice in foreign politics. this was in principler what the old EEC was about, and what deGaulle called the cooperation of sovereign fatherlands. Eurocarts try to deny and to delete cultural diversity and local characteristics, and try to supress them by nomatization, yes, they try that. But I cannot see them winnijg the hearts and minds of the different people in the different local regions that way - quite to opposite seems to be the case.
As much as Germany is concerned, I did not wish to compl.ain about the attacks by the US fiannce minister, I just pointed at an actual conflict. But that the Us will and can wijn this conflict, is anything but certain. IMO, they cannot. While Eurppe looses importance, so does the US as well, and it's economic position and it'S disastrous financial situation both are anything but promising. The US will try to get rid of it'S debts by creating inflation, that was to be expected. Whether other big players will allow that withoiut reacting to that - is a completely different story. As I see it, the US must find ways to bring the immense structural handicaps in its economy back into order, and it is not certain that it can acchieve that anymore. Until that is being acchieved, just printing money means the US is digging its own grave.
The US in the past decades has sold away its industria<l competiotveness and potency, and inmcrease its military potency (altough financially not beign able to afford that military). Doing so was not clever.
China, on the other hand, patiently increased it'S soft power and industriua,l pitency, and now has turned towards a.) becoming less dependiong on expertts to the US, and b.) increases it's military potency, within a dimension that - different to the US - it can very well afford by its own financial situation.
The balance is shifting with every single day. And guess who is winning in the long run?!
It's already decided.
And the EU: onm social politics and climate poltics it serves as the lörime example to the rest of the world for how not to do things. We have declared bancruptyy over our totally headless social politics of which we implemented too much like the US implemented to little. Our social systems do not serve as an example for countries like India, Indoenesia or China - but as an exmaple of what is to be avoided if the state finances shall remain healthy. Same can be said about climate policies. I do not judge here to what degree they are making sense or not, I just say that we put enormous stress on our economies by implementing more and more cliamte-related policies on them, and that we boost the bureaucracy that is meant to administer (?) them. On the last climate summit, nobody listend to our fantatsic climate agenda that we even cannot fulfill ourselves. Chiona, the US and India bypassed Europe, and later simply informed Europe of what they had decided all alone. Europe was completely marginalised, and was not asked at all. Thy were not even interested in whether the EU representatives agreed or disagreed.
But left and green self-glorious dreamers still tell us that the world will envy us for our superior climate policies and that they will be eager to follow our example. Yeah sure. I certainly will believe that.
But not in this and the coming three lives.
What they instead will do is making hay while the sun is shining and boost their industries while we choose to weaken ours. Again, here I do not judge whether or not climate policies are needed and helpful, or not, or whether the outcome of economic policies will do harm or not not. I just say what will be done by them, while we do the way we do. If it makes ecologic sense, our deeds and their deeds, is something totally different.