Re:Europe’s Ariane 6 rocket is turning into a space policy d...
by groestl on Tuesday April 18, 2023 @02:04PM
(#35617522)
Of those, only the resources are an inherent problem, and I'm not sure if it's really that bad if you take a continental perspective. I think you need to take a step back, and look at production of goods, technology, and services, not at money flow. In the end, getting rid of debt is just one default away, and that's a political decision. The Chinese exploit their resources and work hard - good thing they invest at home and in their military, because otherwise they might never get something back for their troubles.
Baring a miracle, my continent has nowhere to go but down.
We have no metals, not fossil fuels, massive debts, an expensive lifestyle and few industries that cannot be copied elsewhere.
Post covid and the ukraine war, we are in deep, deep trouble.
Politically the extremes are rattling more and more, and they may very well win at some point because things are looking bleak.