Randahl FinkMost striking desription I have heard about Trump’s Iran strategy:
“We break it, you own it.”
I do not think Europe will forget this profound stupidity in my lifetime.
The Animal and the Machine@randahl
The world has changed on this.
This is the end of the WWII broken Europe USA GDP dividend.
The peace dividend wasn’t actually a real thing. It was a Europe US swap. US gained Europe’s GDP in exchange for security, and that security converted to European GDP. That was the ‘peace dividend’.
Europe gets to keep both now and as an aberration, the change is actually a correction, so it’s not reversible. US will stagflate and as they only look internally and can’t recognise Europe’s value, so they will not understand it.