this post was submitted on 11 Aug 2023
128 points (74.8% liked)
World News
2316 readers
167 users here now
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Great analysis comrade I would add another short term victory was adding Sweden and Finland to NATO. Its going to hasten the dismantling of their social democratic reforms and becoming neoliberalized.
Excellent point that the left parties played themselves by siding with NATO. Right wing parties in Europe will likely surge on account of being against support for Ukraine and being pro-Russia.
Ive heard about the poaching by the US of European companies, but not the link between that and the inflation reduction act. Could you explain?
Thanks, and basically the inflation reduction act reduces costs of manufacturing in the US which will end up luring companies away from Europe. US already has cheaper energy prices and this is just a cherry on top. This article is a decent summary of it. Europe got played hard by the US.