Damus
Mike Brock · 160w
The thing is, I think the world would be a much better place if the European Union was strategically independent, and fully capable of defending itself and setting its own foreign policy, independent ...
Lyn Alden profile picture
I agree it would be good for Europe to be more independent. And they're right to be angered at US policy.

But by not having a big tech ecosystem, and by not managing their energy security well (thus putting their industrial ecosystem at risk), they're not doing themselves any favors. And I still contend that their united monetary policy without uniting fiscal policy is a near-certain recipe for long-term disorder.

China is now the largest trading partner in the world and has the largest industrial base in the world, and does a ton of foreign investment, so I see why some European leaders want to maintain good ties there and even favor them over the US in some aspects. But without tech or energy abundance, Europe is the weak pole of the US/Euro/China multi-polar power structure.
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Moss · 160w
I can't agree more. Before the Russia-Ukraine War, Germany's industrial manufacturing capacity and its products in foreign trade were very competitive. But now that the weather-heat pipes have been cut off, Germany can't use cheap energy to make things, and their manufacturing will be uncompetitive....
Mike Brock · 160w
Yeah. Europe has a regulate-first approach to technology, which is insane. And their labor policies remove all dynamism from their workforce.
Mysth · 160w
USA strengths: military, high end tech, reserve money, importing talent from all over the world. China strengths: industry, low end tech, manpower, social cohesion* *enforced through an authoritarian regime. Europe’s strentghs: designer clothes and handbags, tourism, bureaucracy and exporting tal...
Mysth · 160w
USA strengths: military, high end tech, reserve money, importing talent from all over the world. China strengths: industry, low end tech, manpower, social cohesion* *enforced through an authoritarian regime. Europe’s strentghs: designer clothes and handbags, tourism, bureaucracy and exporting tal...
fblauer · 160w
I don't see why a big tech ecosystem is as important anymore. Seems to me that tech like blockchain, AI , biotech etc. are becoming more opensource and global. Will proprietary/geography based tech continue to be as important in the future?
Tir_na_n'Og · 160w
This a pretty much the kernel of the dilemma that has always faced Europe. A belligerent streak without the fundamental foundation. I'm watching to see what new EU entrants could do to rock the boat in terms of provoking change and influencing the swing if the pendulum. Although the Franco Teutonic ...