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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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TheRoque ◴[] No.45262850[source]
> the cushy "European" lifestyle they love only exists because of the US

Could you elaborate ?

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1. Workaccount2 ◴[] No.45263737[source]
Sure, look at the bottom countries

https://www.oecd.org/en/data/indicators/hours-worked.html

The lifeblood of the European economy is still the same things that were the lifeblood 30 years ago.

There is no tech scene in Europe, despite tech being at the global economic forefront for those 30 years.

The US spent more per capita than Europe did on support to Ukraine. It also provided the lions share of weapons and armaments.

And now Europe is turning to the US to supply most of it's energy. Which is methane. Heaven forbid the EU give green investment funds special economic rules to foster growth, it might generate a few billionaires.

Europe is a trust fund state burning old money and milking old industry. It desperately needs to build its own independence. Russia coming knocking seems to have been a bit of a wakeup call, but even still single child Europeans are sitting on the beaches of the Mediterranean complaining that they cannot retire at 55.

Wake up.