I feel that not only is Europe losing its independence to the US and China, but it does not even try to take part in the race.
Unlike the US, Europe has no California-level VCs. I don't expect hundreds of billions of Euros to be poured into long-shot projects.
Unlike China, Europe has neither cohesive public investment at the global level nor the drive to grow. Long-term investments have a lot of words, a lot of regulations, a lot of proxy goals, but there is neither a lot of money nor urgency. It was captured by this post: https://x.com/piotrsankowski/status/2065795919623438546
So yeah, both in economy and warfare, Europe dooms itself to be in the hands of the US, China, or a mix of both.
Unlike the US, Europe has no California-level VCs. I don't expect hundreds of billions of Euros to be poured into long-shot projects.
Unlike China, Europe has neither cohesive public investment at the global level nor the drive to grow. Long-term investments have a lot of words, a lot of regulations, a lot of proxy goals, but there is neither a lot of money nor urgency. It was captured by this post: https://x.com/piotrsankowski/status/2065795919623438546
So yeah, both in economy and warfare, Europe dooms itself to be in the hands of the US, China, or a mix of both.