Honestly, I haven’t read the proposal in that much detail, but yeah, I am skeptical of the idea that the EU will take on joint debt to re-industrialise or invest in green energy.
One of the benefits of project was Ukraine (for ameeica) was thar it would criple Europe as a possible competitor to America. I don’t think the Americans, nor Euro aristocrats (who keep desperately trying to raise the profit rate through austerity) will want this.
It looks like a typo, because the sentence doesn’t make sense. How can the afd be both left and right?
It is notable, for example, that Singapore’s signing of the enhanced ADESC with China comes just weeks after it also renewed a key military facilities agreement with the United States, which is far more wide-ranging and consequential
It is necessary for China to build ties with regional powers, but it kind of pisses me off to see Asian states cooperate so opportunistically with the US. They are playing a dangerous game with a dangerous player.
"Despite the fact that Putin was obviously extremely angry about the breakthrough in Kursk Oblast, he did not make emotional decisions, so we did not see the strategy of ‘quick, grab everyone and send them to retake Kursk’.”
I don’t know if this is just propaganda, an idiot, or the actual thinking behind the operation. Because if it is, then hinging your plan on having the enemy make dumb decisions is itself rather stupid.
3 day invasion
The idea that they planned for it to be 3 days was completely made up.
Let’s see if it pays off for them.
Quite the attitude to have when the west is losing wars on like 4 fronts (gaza, yemen, ukraine, and lebanon) simultaneously. That too while having shit military industrial capacity.
By capturing Russian territory Russia now has a reason to come to negotiations to just call everything off to get their land back.
Ukraine captured land in kursk and this did not cause the Russians to come to the negotiating table, nor signal that they will weaken their demands. In fact, they simply started taking land even faster in Ukraine because Ukraine had committed resources into kursk instead of the front lines.
All it goes to show is that westerners have a complete non-understanding of this war.
Well, at least Russia will further supply enemies of the west in retaliation.
Access costs €69 per month
Lmao
Europe escaped the immediate energy shock that followed the Russian invasion of Ukraine better than expected. Prices shot up, but reserves didn’t run out. Countries found new fuel sources. Households, on the whole, kept the heating on, helped by selective industry shutdowns.
No it did not. Europe just straight up running out of energy was never going to happen. But I fucking hate these shits who pretend as if inflation didn’t go crazy in front of my eyes. These guys get to set their own goals at standards too low to fail.
Ursula von der Leyen, the EU’s top executive, called Draghi’s pitch to accelerate Europe’s green industry “basically the same idea we’re pushing forward.”
Literally 6 months ago we had an article. This is what it had to say
Even more of a problem for Europe is that its countries have been cutting back on climate-related investments and increasing defense-related investments. The European Investment Bank (set up in 2019) is, as the Financial Times reported, “under pressure to fund more projects in the arms industry,” while the European Sovereignty Fund—set up in 2022 to promote industrialization in Europe—is going to pivot toward support for military industries. **Military spending, in other words, will overwhelm the commitments to climate investments **
and she has the gall to pretend as if she is pushing for green investment?
Well, that is also true, but Ukraine has clearly suffered in its use of tanks if they are just being blown up when being taken out on the road. Both the tank species mentioned in the article (abrams and leopards) have been taken out of the picture mostly, either through underutilisation, or destruction.
This talk about timing is really strange. There is always a back and forth in wars. That doesn’tchange anything about the trends and fundamentals. What does it matter that the letter came out at a time when Ukraine had a push? Even one of my lib friends who loves Ukraine understood that Ukraine had a tough path ahead.
We know that tanks still work well when properly supported by other parts of he military tso they don’t get instantly blown up. this just means that Ukraine is not using the tanks they have with proper support. I wouldn’t be surprised, after all, they have a severe manpower shortage.
Would be based as hell if almo brought back attendance democracy (without thr slaves)
Copying tech is not so easy, especially when much of high technology is designed with preventing such copying in mind (thanks capitalism for spending effort on important matters such as slowing down technological adoption).
Consolidating the investment banking industry in China is nice to see. It will probably be very helpful in both economic planning and having good alternatives to western banking (especially important given developments around BRICS).
I am wondering if there will be any negative effects to this move though. For example, until pretty recently, smaller chinese banks were doing business with Russia because they were insulated from the west. As much as I like centralisation, there is some benefit to having things disconnected at times.
Furthermore, I do not look forward to new liberal cope if some big Chinese investment bank becomes famous and successful like they did with huwaei.
while the broader economy sputters.
Is this still the liberal line on China? Over 5% real gdp growth is sluggish? That too for an upper middle income economy? While the first world struggles harshly?
I seriously doubt trump will de-escalate in Ukraine. Not only is he incredibly incompetent (he spent most of his time while president watching fox news and such), but he is also very impressionable and opportunistic.
The fact that the dollar and the euro are the world’s reserve currencies allows both America and the EU to do 2 crucial things.
Firstly, whenever a country prints money (they don’t exactly, the money supply increases when banks give out loans. Countries can loosen lending requirements/costs), it acts as a tax on everyone holding the currency, because the value of products purchasable by that currency is spread over more currency.
Since everyone holds dollars and euros, American and European banks are able to tax the world. The same applies to their treasures, which increase the money supply by running deficits (financed by borrowing from their central banks).
Secondly, these countries can sanction individuals, organisations and countries by cutting them off from exchange markets (as described by soviet entropy), and by cutting them off from the swift banking system (which is tech to transfer financial messages/transactions internationally).
These are the 2 fundamental tools of imperialism, and practically define it. The role of currency in empire is so important in fact that the first currencies were invented by ancient empires to tax subjects.
BRICS becomes an obstacle to the American and European empires by offering financial alternatives, and allowing countries to, if they choose so, to free themselves from imperial currencies. But this capability hasn’t been fully developed yet.
Yet more proof of israel’s intentions