alt Hacker NewsEurope will then redirect the 300B euros it was investing in US treasuries annually to Eurobonds, while redirecting the $300M in purchasing from US companies to EU companies. This is biting the hand that feeds the US.
Europe will buy LNG from Canada instead of the US, and continue to purchase imports from China. I agree though that a strong EU is needed, in part to defend against the US, as well as Russia (until the Russian economy reaches failure). CATL is currently building the largest battery factory in Europe in Spain.
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I think they should (in practice there could be something in the middle). Yes, they may have more bickering with the US, but that's just part of the messy diplomatic process. At the end of the day, we want to see strong allies that share a compatible value system with us. I'm actually more optimistic too: a stronger Europe will earn more respect because of their strength. And that respect will lead to more negotiation instead of more bickering.
>"I agree though that a strong EU is needed, in part to defend against the US, as well as Russia (until the Russian economy reaches failure)."
So after Russia fails "a strong EU" is no longer needed? Also waiting for Russian economy to fail may prove to be forever and not even desirable. Changing the system of government to one that treats people like it should is much better goal
lol hahaha Europe will "say" and maybe in a few decades they might get around to starting some of that. Europe still buys gas from Russia; can't even ween itself off it during a war.