The EU never learns – except for the wrong lessons |
Some observers of the current EU ‘elites’, including this author, used to believe that their defining feature – apart from things such as complicity in genocide and wars of aggression with Israel and the US, bigoted xenophobia about Russia and China, and, of course, pervasive corruption – was an absolute inability to learn.
We must admit, we stand corrected: Those running the EU are able to learn. The real problem is their relentless compulsion to learn the wrong thing. We are not dealing with non-learners but anti-learners: where others progress from experience, they regress.
Case in point, their response to the fact that their US-Israeli masters have started a war to end if not strictly all then at least all (barely) affordable energy supplies to the EU’s economies, while its major players are already limping along on a spectrum between walking-wounded (for instance, France, maybe) to comatose (Germany, definitely).
In Germany, still the largest single economy inside the EU, providing almost a fourth of the bloc’s total GDP, industrial demand – orders from factories – fell by over 11% in January. Such a decrease – really, collapse – in orders is “drastic,” as German Manager Magazine notes. According to the Financial Times, this “very weak” start into the new year, puts preceding – and very modest – signs of a recovery from years of stagnation in doubt. Indeed. And all of that disappointing data was gathered before the fallout of the Iran war had even started.
Regarding the latter, it will be severe. Even Berlin’s Ministry of Economics admits that the risks stemming from the war’s consequences, most of them still incoming, is substantial.
In........