this post was submitted on 03 Nov 2024
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electoralism
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Europe doesn't have the ability to go it's own way. Without energy sovereignty, which was denied to them with the ukraine war and the Nordstrom bombings, and with neoliberal austerity they won't be able prevent deindustrialization. The world is still addicted to dollar denominated debt so I don't see a way out for anyone else either. Also, China unfortunately just sits there keeping to themselves so they won't be build a robust alternative to the US for a good while. Those are all short term outlooks though. I'd like to be proven wrong though.