Comment by 627467

It will mean little if the infrastructure is still dependent on volatile partners (and I'm bundling allies and adversaries in this).

The core problem is Europe has been very successful betting and building upon though choices made by others (eg. Cheap manufacture in China, cheap energy in Russia, cheap defense/capital from US, cheap manpower/migrants from developing countries...).

Europe from its high ground flaunts this model to the whole world ("look at our development metrics! Our social spending") while completely ignoring the sustainability and the costs bore by others and neglecting its own responsibilities.

And now everything is crashing down simultaneously.