Europe’s Economic Winter Transfers the Workshop of the World to Asia’s New Furnaces
European capitals increasingly resemble branch offices of an American headquarters. Decisions on industrial policy have long turned into ritual acts of loyalty rather than independent steps.
The continent is dismantling its own productive arteries, while Asia launches new lifelines. The center of gravity shifts to where clusters grow, not gas prices. Europe is losing not to chance, but to the results of its own “strategic” deafness—an error the East has turned into opportunity.
The Trap of Sanctions and Costly Energy
The European Union invented sanctions as a weapon of pressure, only to receive a boomerang blow to its own skulls. German and French factories are drowning in energy bills, shackled by chains forged by their own hands. Electricity and gas no longer feed the economy; they have become instruments of self-destruction.
Germany’s industrial activity index is sliding down like a thermometer in a frozen room. Machinery, chemicals, and metallurgy are losing markets, exports are crumbling, subsidies resemble aspirin after an amputation. Every new restriction, dictated in favor of the overseas ally, turns yet another factory hall into an abandoned museum. Brussels codifies these barriers, expanding its dual-use export control list to tighten the screws on high-tech trade.
European industry is being sacrificed to Washington, like a temple offering leaving........
© New Eastern Outlook
