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RT — Scholz names reason behind European economy downturn

Summary:
The German chancellor says the continent’s current economic woes are down to growth in Asia, rather than to the Ukraine conflict...Interesting article.RT — Question More (Russian state-sponsored media)Scholz names reason behind European economy downturnSee alsoIn Macron's view, China must be subordinated. And so must the US. Interesting take.While Macron doesn't say this, it's obvious that the entire world cannot be raised to Western living standards without exceeding the limitations of planetary resources, at least without implementing technological innovation that is still on the level of science fiction•. The "Western" (US) solution is to control the development of the non-Western world to prevent this from happening. This was discussed by serious people decades ago. This is what the

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The German chancellor says the continent’s current economic woes are down to growth in Asia, rather than to the Ukraine conflict...
Interesting article.

RT — Question More (Russian state-sponsored media)
Scholz names reason behind European economy downturn


See also

In Macron's view, China must be subordinated. And so must the US. Interesting take.

While Macron doesn't say this, it's obvious that the entire world cannot be raised to Western living standards without exceeding the limitations of planetary resources, at least without implementing technological innovation that is still on the level of science fiction•. The "Western" (US) solution is to control the development of the non-Western world to prevent this from happening. This was discussed by serious people decades ago. This is what the rules-based order of unilateralism is about. But the US is now also subordinating Europe, which is the reason for Macron's speech.

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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