I don’t think numbers on a computer matter all that much though. US can issue as much currency as it likes, but it’s the material reality that matters in the end. In order to prop up Europe, US needs to produce weapons to send there, same with Israel, and Taiwan. US manufacturing capacity is pretty limited at this point, so they have to pick where to allocate the resources.
Meanwhile, Europe has major problems with its energy supply, and so far the US has been profiteering from selling LNG to Europe at high prices, and poaching European industry. So, we can already see that the whole relationship is turning predatory. This will only get worse going forward. Ultimately, people living in Europe don’t give a shit about stuff like AI, crypto, and so on. They care about being able to feed themselves and keep lights on.
I think people can be more warmed by number go up on ad revenue supported screen longer than one might expect, but we’re in a real life social experiment by our betters right now, so we’ll see if I’m wrong!
