Comments by "Grenade Tennis" (@hughjass1044) on "Europe's REARMING to defend itself against RUSSIA: A new era for the EU? - VisualPolitik EN" video.

  1. A fine notion.... we'll see how long the sentiment lasts. I wish I could say I was confident that any of this big talk was going to be followed up by action, but I'm not. The financial crisis of '08 taught us valuable lessons about market regulation. Did anything change? No. The pandemic taught us valuable lessons about supply chains and self reliance. Will anything change? Not so far. Ever since the end of the Cold War, the west's default reaction to every problem is to find the cheapest, easiest, fastest and most politically expedient way out of it.... and then just carry on with business as usual as though nothing happened because if it does, it'll be someone else's headache. Russia is headed for economic collapse. It's going to default on its debt which means foreign banks aren't going to get paid. At the same time, Europe relies on Russia for nearly half of its energy and even if they went full bore away from that starting today, there are no other alternatives which would come on stream for 10+ years. At the same time, the absence of grains and fertilizer products from the region is projected to induce a worldwide price explosion in foodstuffs if not an outright famine in much of the world so combine all that with already sky high food and energy prices and you have your recipe for European and western leaders sitting down with Mr. Putin and making some deals that are very favorable to him and not to them. Western leaders will do what western leaders have always done.... make deals to buy their way out of a jam and worry about the consequences later.
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