Look, Meloni’s government is far right but people are talking as though Italy had a choice to begin with. Even if Italy had been run by a socialist party, it still doesn’t have a choice.
The war in Ukraine has permanently severed Europe’s economic ties with Eurasia. This is America’s sanctions against Europe. This is America’s disciplining and punishing Europe for even trying something like building the Nord Stream pipelines.
The loss of Russian gas supply has crippled both Germany and Italy’s economies, both of whose manufacturing industries had heavily depended on cheap supply of Russian natural gas. The bombing of Nord Stream pipelines further drove home the fact that America would never allow Europe to break free of its grips.
Europe now lacks energy sovereignty, its fossil fuel supply is controlled by the US, its defense (NATO) is fully dependent on America’s funding, its currency has significantly weakened against the dollar (which is what most commodities are priced in), reducing its capacity to import and transition towards alternative (green) energy systems, and is now on the way towards permanent de-industrialization.
There is quite literally nothing Europe can do to get out of the crisis. If America cuts off energy supply to Europe, it’s game over for them. We are talking about severe economic depression when you have a deficit in fuel and electricity, which further cripples logistics, manufacturing, agriculture and basic infrastructure in the country. The quality of life is going to fall off the cliff if they even dare to think about doing something stupid.
All the far right nationalists in Europe, if they ever win an election in their countries, will find themselves in the same situation as Italy’s Meloni.
People like to make fun of Dark Brandon, but he really is one of the most ruthless presidents out there.
Europeans are supremely cucked. They will blame migrants and Islam as the root cause of their woes and happily bow down every time the POTUS arrives to invite domestic industries to move to the US lol
I know this is not a popular opinion here, but Nord Stream was always a bad idea. They should've spent that money and effort on alternative energy source development instead. Being reliant on fossil fuels is not energy sovereignty no matter what country the fossil fuels come from.
Cheap Russian gas was what allowed German manufacturing to compete with the rest of the world while paying their labor at relatively high wages. It was a significant factor in why post-2009 EU recovered its economy so rapidly.
Without a strong industrial economy, Germany (and the rest of Europe by extension) would never have the means to transition into green energy to begin with.
Nord Stream didn't help at all, though. All it did was let them keep kicking the can further. Again, if you're reliant on a resource from somewhere else, that's not energy sovereignty.
Europe never had energy sovereignty, that’s the point I was making. Without cheap Russian gas, Europe would have been much poorer than it is after the 2009 crash, unless they’re also willing to depress wages. How are they going to invest in green technology if they never had the money in the first place?
Depending on how you look at it, the natural gas is still a far more acceptable molecule for transition to green energy, than coal that Germany is rolling out to spite the Russians these day.
Yeah welcome to Europe. With Nordstream they were dependent on two parties, without it they are wholly dependent on one. How do you think that impacts their bargaining power with the one?
Yeah but now the Europeans are still burning natural gas but LNG which is way more energy intensive to create and transport. Even China, with its massive manufacturing capabilities in renewables and world leading investment still need gas and coal as they transition.
Nordstream wasn't the best option, but what's happening now is certainly worse.
Look, Meloni’s government is far right but people are talking as though Italy had a choice to begin with. Even if Italy had been run by a socialist party, it still doesn’t have a choice.
The war in Ukraine has permanently severed Europe’s economic ties with Eurasia. This is America’s sanctions against Europe. This is America’s disciplining and punishing Europe for even trying something like building the Nord Stream pipelines.
The loss of Russian gas supply has crippled both Germany and Italy’s economies, both of whose manufacturing industries had heavily depended on cheap supply of Russian natural gas. The bombing of Nord Stream pipelines further drove home the fact that America would never allow Europe to break free of its grips.
Europe now lacks energy sovereignty, its fossil fuel supply is controlled by the US, its defense (NATO) is fully dependent on America’s funding, its currency has significantly weakened against the dollar (which is what most commodities are priced in), reducing its capacity to import and transition towards alternative (green) energy systems, and is now on the way towards permanent de-industrialization.
There is quite literally nothing Europe can do to get out of the crisis. If America cuts off energy supply to Europe, it’s game over for them. We are talking about severe economic depression when you have a deficit in fuel and electricity, which further cripples logistics, manufacturing, agriculture and basic infrastructure in the country. The quality of life is going to fall off the cliff if they even dare to think about doing something stupid.
All the far right nationalists in Europe, if they ever win an election in their countries, will find themselves in the same situation as Italy’s Meloni.
People like to make fun of Dark Brandon, but he really is one of the most ruthless presidents out there.
Europeans are supremely cucked. They will blame migrants and Islam as the root cause of their woes and happily bow down every time the POTUS arrives to invite domestic industries to move to the US lol
I know this is not a popular opinion here, but Nord Stream was always a bad idea. They should've spent that money and effort on alternative energy source development instead. Being reliant on fossil fuels is not energy sovereignty no matter what country the fossil fuels come from.
Cheap Russian gas was what allowed German manufacturing to compete with the rest of the world while paying their labor at relatively high wages. It was a significant factor in why post-2009 EU recovered its economy so rapidly.
Without a strong industrial economy, Germany (and the rest of Europe by extension) would never have the means to transition into green energy to begin with.
Nord Stream didn't help at all, though. All it did was let them keep kicking the can further. Again, if you're reliant on a resource from somewhere else, that's not energy sovereignty.
Europe never had energy sovereignty, that’s the point I was making. Without cheap Russian gas, Europe would have been much poorer than it is after the 2009 crash, unless they’re also willing to depress wages. How are they going to invest in green technology if they never had the money in the first place?
Depending on how you look at it, the natural gas is still a far more acceptable molecule for transition to green energy, than coal that Germany is rolling out to spite the Russians these day.
Yeah welcome to Europe. With Nordstream they were dependent on two parties, without it they are wholly dependent on one. How do you think that impacts their bargaining power with the one?
Yeah but now the Europeans are still burning natural gas but LNG which is way more energy intensive to create and transport. Even China, with its massive manufacturing capabilities in renewables and world leading investment still need gas and coal as they transition.
Nordstream wasn't the best option, but what's happening now is certainly worse.