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Has the EU suddenly realized how much it has screwed itself over?

198 25
21.09.2024

The EU is having a full-blown existential crisis. Someone has really screwed up its economy, and the culprit is conspicuously absent from a new report outlining the carnage. Are there no mirrors in Brussels?

Former European Central Bank president and Italian prime minister, Mario Draghi, has published a new “economic competitiveness” report after a year of work at the request of unelected ‘Queen’ Ursula von der Leyen’s ‘Royal’ European Commission. And it’s a real page-turner, one of the great mysteries of our times.

One is left to breathlessly leaf through the 400-page document looking for a culprit responsible for the massive amount of economic carnage detailed by Draghi. “For the first time since the Cold War we must genuinely fear for our self-preservation,” he told reporters in Brussels. How about starting off by not actively self-sabotaging?

Draghi said that the bloc desperately needs to keep up with China and the US, but has been failing. Perhaps it has something to do with the fact that the EU readily jumped in to ride shotgun alongside Uncle Sam along regime change highway, but now finds itself kicking dirt on the roadside and wanting to make its own way.

“Now conditions have changed,” Draghi said. “World trade is slowing. China is actually slowing very much, but it’s become much less open to us, and actually it’s competing with us in global markets on all accounts. We’ve lost our main supplier of cheap energy, Russia. And now we have to start for our defense again for the first time since the Second World War.” Apparently, the jokers ruling Europe from the big........

© RT.com


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