Comment by jorvi
1 day ago
> However what has happened is that the EU's soft power is crumbling
Uh, no. The US soft power is turning to dust whilst the EU is out there building the new free [trade] world, with itself as the biggest lynchpin.
What has happened the past ±30 years is that most EU countries cut spending on their militaries to the bone, because big brother USA would take care of it anyway. Now that we are returning to a multi-polar world, suddenly the EU is left scrambling for hard power that it doesn't have. That's why they can't play hardball when the US does a new ridiculous thing, because they simply lack the hard power to back up Ukraine.
The US is sorely going to regret their antics though. Long term, the EU is going to switch to their own stacks, both for military but also things like cloud and other tech. It's trillions of $ the US economy will be missing out on. And voting in a Democratic president, senate and house is not gonna change a thing about it, because the US has proven itself to be a fundamentally unreliable, if not outright hostile partner.
The US alone spends 1.5x as much on consumer goods (yes, adjusted for PPP) and nearly 2x as much on R&D as the entire EU. It’s very sweet that the EU is trying to decouple itself from the US economy, but I highly doubt its ability to become “leader of the free trade world” when it has so little money to throw around.
Yeah, we'll just up our EU debt to about 40 trillion USD, make up some money and continue. Sounds a lot like US right? Living in perpetual debt as a nation.
> The US alone spends 1.5x as much on consumer goods (yes, adjusted for PPP) and nearly 2x as much on R&D as the entire EU.
Given that by PPP the EU and the US are about the same, that necessarily means the EU spends more on other things.
"the EU is out there building the new free [trade] world, with itself as the biggest lynchpin"
At its usual pace ... do you know when the negotiations with Mercosur started? Year 2000. Only now we have an agreement. Still, better than not doing anything at all. But I wonder how many of the original negotiators are still alive.
It also yet remains to be seen what happens if China puts a real pressure on us. Our list of allies is now somewhat thin and we have to cozy up to India, which indirectly funds the Russian war against Ukraine by importing Russian weapons and Russian oil/gas, the latter in huge quantities. Still, better than cozying up to China, because the possibility that Beijing teaches Brussels some cool tricks to keep the population under perfect surveillance scares me.
>Still, better than not doing anything at all
How is Mercosur better for the EU citizens?
German car companies get new countries in which to see themselves destroyed by China?
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>Uh, no. The US soft power is turning to dust whilst the EU is out there building the new free [trade] world, with itself as the biggest lynchpin.
To quote when harry met sally - I'll have what she's having.
He's having a dish called "Watching Trump from a distance", you should definitely try it.
It is amusing what he inflicts on USA and I thoroughly enjoy it ... But the idea that EU is taking leadership in this chaos is somewhere between laughable and delusional.
Actually EU is getting fucked on every possible turn. We are the ones that pay trough the nose for all his follies. We are weaker than ever and we have delusional commission in charge.
Compared to Ursula Trump is the reincarnation of Richelieu and Bismarck with a pinch of Disraeli
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It is difficult to think of an economic region that is more opposed to free trade than Europe (that isn't a comedy country). Possibly some countries in South America?
Trade within Europe has massive restrictions. I have no idea why, given the stated aims of Europe...we are posting this on a post about the Netherlands trying to protect office software ffs, people think this isn't the case. One of the reasons why the EU created a trade bloc, and the same reasons why you see the same attempts in areas of the world like South America, was to limit the impact of free trade. This should be completely obvious given that the EU is not competitive in areas where they lack the ability to limit competition.
Also, I will point out: US policy is for the EU to do exactly the thing that you are suggesting. This has been the consistent position of Trump since 2016. The main blockers for this have been politicians in the EU. I am not sure how you equate being unreliable with subsidising EU defence spending to the tune of multiple trillions so that EU countries can spend on welfare either.
The EU self-image is totally bizarre, it is so out of touch with reality. Hostile to all forms of change and innovation: actually one of the greatest free traders there has ever been. Xenophobic and hostile to certain countries: possibly one of the greatest allies to these countries ever. Never gets any support on Ukraine, would be a leader if the US weren't such bastards: spent multiple decades fuelling Putin's state.
> Hostile to all forms of change and innovation
I don’t understand how you can believe that about the EU. The union has been evolving so much since its creation. It is itself one of the greatest innovation in governance ever created. GDPR is an innovative framework making the EU leader in privacy protection. European open banking initiatives/frameworks are unique and have been leading the way forward for the past 20 years, and we are now reaping all the benefits with the latest payment system developments (PSD2 and others were already awesome but the payment standard is what makes the day to day citizens actually see the results). The 28th regime[0] in development is innovative. Schengen/TFEU Art. 45 is such an innovative policy. Where else can you move freely between so many countries?
That’s only from the top of my head and the few examples I’m familiar with
0: https://the28thregime.eu/
These innovations don't count, since they didn't create any new oligarchs.
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The only people that think global free trade is a good thing are the top .001% net worth individuals which use it to wield power.
Trading blocks (like the European single market) are specifically designed to protect their members from shit that global corporations or other nations attempt to get away with.
I'm not sure what "Trade within Europe has massive restrictions." means without context. Compared to some Randian capitalist utopia where there are no rules and no governments? Or compared to before the creation of the European single market?
> Trading blocks (like the European single market) are specifically designed to protect their members from shit that global corporations or other nations attempt to get away with.
Most of those global corporations are in favour of these trading blocks - they are the best placed to take advantage of them.
The EU is far more than just a trading block. The trading block is the countries they have free trade agreements with - the EEA,, plus the UK, plus Turkey. The EU is a political union.
Global corporation can lobby far more effectively than anyone else at the EU level.
> I'm not sure what "Trade within Europe has massive restrictions." means without context.
We actually do have a good amount of issues regarding internal trades, according to https://www.europarl.europa.eu/RegData/etudes/BRIE/2025/7792....
“The International Monetary Fund estimates that the persistent barriers to the EU single market still represented the equivalent of a 110 % tariff on services.”
There is a good amount of work to be done to complete the single market, what we currently have is way too fragmented
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Services trade within Europe is often less free than services trade outside of Europe. The reason why is because there is a strong political constituency within Europe to ensure that certain kinds of sinecure jobs are not impacted by competition (and yes, as you helpfully point out, to blame that on "global corporations"...and people wonder why Europe had such a long period of dictatorships in the 20th century, "globalism", right? wink, wink).
They're letting Chinese cars in when automobiles are there last remaining mega industry.
How can you take them seriously?
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There are still some protectionist issues on the single market itself.
For example, Poland defends its rail operator, PKP Intercity, against foreign competition by a series of dirty tricks, including "just never registering a sale of a depot to a competing corporation in the land registry".
Almost every major EU country, has implanted some domestic protectionist rules to protect some of its politically well connected lobbyist industries or jobs from cheaper or more efficient intra-EU competition buying them out. The restrictions almost never are in reverse.
> whilst the EU is out there building the new free [trade] world, with itself as the biggest lynchpin
In the same way America is stuck in its military heyday past, the EU is stuck pretending its brand of multilateralism is still a thing outside its own borders.