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>Economically, the EU is in a strong position Compared to who/what/when? The US? China? Not a chance. Economically, the EU is as weak now as it ever was. About 2 decades ago, EU had the same GDP as the US, or even slightly more. Now it's at half of the US and stagnating or even shrinking due to a series of issues it has no solution to, since a lot of it's economy hasn't recovered much post-2008 crash. The EU knows the economic deck is not staked in its favor so it has to bend over to the US now. 2 decades ago the EU would have been able to fend of such actions from a hostile US administration and even more so fron China. But it can't today because it's twice as weak and the US and China are much stronger. And it's actually very easy to understand why we're here in this situation. If you look at the government budgets in most EU countries today, about a third everywhere is going to welfare and retirement spending with retirement spending dwarfing absolutely everything else in the country by far, with some pensions being higher than some full time wages, which is absurd IMHO. Now, caring for the people and the elderly is noble and all, but you can't win any competition against nations that take that third of GDP that you spend on retirees and they spend it on on economic and military development instead. You just can't win like this, straight up, the math doesn't math. Eventually over the long run, they'll economically or militarily conquer you. So you'll have to choose between spending on providing a cushy lifestyle for retirees, or ensuring a prosperous future for your country. EU fell asleep at the wheel for over two decades and woke up today that it needs to start the fire again, but it has no money to do so because it's in a economic downturn, an energy crisis, a demographic crisis, a cost-of-living crisis, political extremism crisis left and right, and war next door needing to fight all these fires at once. Very bad timing for EU, and China, Putin and Trump know this and are taking full advantage of "buying the dip" now in Europe the same way European powers were "buying the dip" in their (former) colonies in Africa and across the world. All, and I really mean ALL countries, engage in economic imperialism every chance they get, and Europe somehow forgot its own lesson thinking they are somehow untouchable. |