🇪🇺 🇺🇸 🇨🇳 If China is rising and America stagnating, Europe is gambling with a steep, shocking decline into poverty and irrelevance. | Palladium Magazine
🔶️ Energy scarcity, aging workforces, and institutional paralysis don't combine to create social-democratic utopia but a closed, deindustrializing society:
🔶️ Europe has set itself up to lose the two most basic ingredients for industrial competitiveness and sustainability: cheap energy and cheap labor.
🔶️ You can maybe maintain an industrial society by offsetting one against the other, but to maintain one with neither is ludicrous.
🔶️ China has coal. America has fracking. But Europe's energy strategy is to install solar panels on the world's least sunny continent and build windmills that don't make sense anywhere in the world.
🔶️ This is almost explicitly the opposite of a strategy for cheap energy.
🔶️ European countries have banned fracking and failed to pursue oil and gas exploration opportunities, while the deal for cheap Russian gas has been exploded by war in Ukraine.
🔶️ Meanwhile, Germany shut down its nuclear plants and other countries are planning to follow.
🔶️ That some peripheral European economies like Finland, Poland, or Romania are pursuing new nuclear plants just underscores the problem of a future without nuclear in larger economies like Germany, Italy, and Spain.
🔶️ Except for Japan and South Korea, the world's oldest countries are all European. Nor are European fertility rates anything to brag about.
🔶️ There is no amount of immigration that can make up for such wide and deep aging of the workforce.
🔶️ Aging populations and social democratic entitlements might work with a growing economy, but without it, they just lead to a dysfunctional, extractive political economy where the old oppress the young.
🔶️ The resulting political gridlock and institutional paralysis is perhaps Europe's single biggest problem, because it makes solutions and reforms extremely hard to implement.
🔶️ Europe's energy crisis, for example, could be solved almost literally just with a few strokes of a pen.
🔶️ This looming European decline is not a cause for celebration in America or China. Europe is not a cautionary tale, but the canary in the coal mine for aging industrial societies that do not reform.
https://fxtwitter.com/palladiummag/status/1818979675034501428
It's easy to mock this guy, laugh at him, say it's always Gingers etc.
However why are we not asking why, as a society, young men are making life choices like this?
Same as anyone who chooses to go against our natural order with how they live.
Something has gone badly wrong.
“Oregon is using satellites to hunt small farms.”
Farmer Justin Rhodes says the state redefined “CAFO” so even 3 cows and a milking stand count as a factory farm.
Cease-and-desist letters. $100K “upgrades.” Family farms shut down.
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“The fetal bovine serum is just disgusting, and it’s in almost every viral vaccine. They harvest it by inserting a needle into the beating heart of a baby cow to extract its blood. Where is PETA when you need them? The FDA even admits they use ‘cow parts’ because cows are large and have a lot to use.”
@NoAgendaLara
🌊🌎 Climate scientists’ controversial claim Gulf Stream could be near collapse — predicting a new ice age
A key Atlantic current could be pushed to the brink of collapse within decades, supposedly ushering in a new ice age and dramatically raising sea levels, climate scientists have claimed in a controversial new study published in the journal Communications Earth & Environment.
Per the new findings, the at-risk current in question is the Atlantic Meridional Overturning Circulation or AMOC, a “conveyor belt of the ocean” that funnels warm water toward the ocean surface — from the tropics to the Northern Hemisphere.
This current, which includes the Gulf Stream that runs from the Gulf of Mexico to the US East Coast and across the Atlantic to Europe, helps maintain the mild climate of Europe, the UK, and the US East Coast.
The study stated that the source of this marine temperature regulator, the Greenland Ice sheet, is being thawed amid warming temperatures, causing ...