Whatever

 

So Mario Draghi´s recent report on EU competitiveness wants to centralize the union and invest heavily in the defense industries, the green transition and digitalization (including AI), all financed by massive debt.

Oh. Or LOL? It´s as if the worst ideas of the right met the worst ideas of the left. 

Why is Europe *really* lagging behind the US and China? Here´s an idea: there is no "Green transition" in the United States and the PRC. And until recently, the "Green transition" in Europe was compensated for by cheap Russian oil and gas. Or maybe more expensive nuclear. That´s no longer the case, so here we are. 

So the only way to really get economic growth would be a brownlash extraordinaire. So I suppose we have to choose: saving the planet (forever) or saving Europe (for now). 

I suppose those defense industries might come in handy, though.