Good on them for trying.
The EU really is becoming the superpower of the world. First consumer rights, now Russia… meanwhile the US is just slowly decaying due to infighting
The EU is systemically subordinated to the US, and is in no way a superpower. For just one example look at all the comprador regimes destroying life for European workers in favour of US capitalists.
You got it the wrong way around.
The EU is dying - our societies are in free-fall, wages through the floor compared to the US, tens of millions of refugees pouring in drive down labour rights and driving up housing costs, austerity-driven governments cutting police funding leading to much more street crime, high inflation and a lack of competitiveness due to the energy crisis, etc.
Despite the problems of capitalism you described, Europe might be the sanest collection of societies currently.
Hope places like South America & Canada, Africa could get their shit together and join Europe in a global union in some decades and topple the influence of the tyrannies causing harm to people
Of course the US, Russia, China et al pushed their polarization agendas in Europe as well and we share the same issues despite the progress of the union.
Here in South America we don’t want to join you, you are the people who are oppressing us. We despise you.
Sounds like if you invest in the EU, there’s a chance your assets could be seized by the government if the government decides to. This is a risk investors don’t like.
I don’t see why any business would invest in Europe anymore. The shift to multipolarity and the coming age of the global majority is gonna be rough on the imperial core.
