[gumballindie]

Hm dubious article. Fails to mention that while west europeans are indeed getting poorer east europeans are getting richer. Confused folks might say that east europe is becoming richer thanks to eu funding and i will remind them that that comes at the heavy price of having sold entire industries to said benefactors - whom often underpay despite colossal profits, essentially making development more … challenging. Nonetheless decades of hard work seems to pay off for the “cheap labour”.

I would suggest that europeans try and work together in some sort of union of cooperation and mutual respect. If there was such a union then certainly the whole continent might fare better. Just a thought.

[ClumsyPilot]

> having sold entire industries to said benefactors - whom often underpay despite colossal profits

And pay no taxes.

[hef19898]

Yeah, and most of the article, which is allmover the place, focuses on the period right after Covid (bad for Europe as an export heavy region) and the war in Ukraine (it changes things if a war happens right next door). Inflation is a serious problem everywhere, and yes the tendency of rich European countries to favor austerity didn't change. Greece is fucked since 2008, in order to save investment banks, nothimg new here.

In short, the article uses some nice ancdotes, throws in special cases, puts some statistics and numbers (without additional explanation of how those numbers are calculated) on top of all of that only to justify the narrative behind the headline. So, all the mortal sins (in my view) of numbers heavy journalism in one place.

Not that everything is rosey over here, but Europe is far from poor. And for some reason, we didn't have a recession yet neither. The article is well in line so with a lot of others pushing the narrative of neo-liberalism being the only saviour of a Europe on the brink of collaps (only a slight exageration).