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Europe is locking itself in to US LNG

(davekeating.substack.com)
151 points hunglee2 | 1 comments | | HN request time: 0s | source
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Workaccount2 ◴[] No.45262764[source]
Europeans need to wake up.

There is an obvious rift between Europeans, European leaders, and the US. Europeans seem tired of the US and it's policies, however simultaneously are unaware that the cushy "European" lifestyle they love only exists because of the US. Which is something that European leaders are keenly aware of.

So it creates a situation where the leadership will constantly bend at the knee to the US's demands, and the populace will get progressively more and more anti-US. However in it's current state, Europe is stuck under the thumb of the US on three sides - tech, military, and energy.

The only "clean" way to rectify this problem is for Europeans to slash regulations, slash social programs, and dramatically increase annual working hours. All things which are the antithesis of contemporary Europeans ideals. Europe desperately needs a modern industry hub, right now it's all US and China on the board.

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1. LudwigNagasena ◴[] No.45262909[source]
I would say that the cushy lifestyle of Europe and the US depends on the cheap labor in China and Asia in general combined with many companies who operate and own capital there being owned by European and American companies. Not sure which calculus would lead one to conclude that the US is the sole reason of European lifestyle.