Summary
Italian Prime Minister Giorgia Meloni has called for an “immediate” summit between the US, EU, and Western allies to discuss Ukraine following a heated White House meeting between Trump and President Zelenskyy.
The February 28 meeting ended without agreement on a minerals deal after escalating into a confrontation over US aid and peace deal conditions.
Meloni warned that Western division “makes us all weaker” as European leaders reaffirmed support for Ukraine.
EU foreign policy chief Kaja Kallas commented that “the free world needs a new leader,” while European allies worry about being excluded from US-Russia negotiations to end the war.
when the over extended USD crashes offer up the EU and move on while US sinks into a generational depression from the interest alone.
TLDR positive trade and international allies matter. Isolationism ends with one outcome.
Unfortunately, that next recession, which I believe likely becomes a depression, is going to slam everyone. The EU, USA, China, Russia, Japan, South Korea etc. all have major challenges and weaknesses.
I wonder how a catastrophic global down turn would effect CO2 emissions.
Do people become more progressive politically during a recession? Or do you need a world war for that I wonder.
decreased economic activity alone I’d think would reduce emissions.
Yeah but to change our trajectory on climate change we need a dramatic change in political will
Oh yeah, substantial change will require a huge overall in political and social views, I fully agree there. Right now, at best, it seems like we might get some occasional bandaids.
A huge war might indeed be one of the few catalysts to instill that change. Major environmental crises might do it too, but those events will probably unfold after too much damage has been done.
Wildfires, hurricanes, and everything else have been pretty crazy in recent years but what we’re seeing now may pale compared to what we see in say thirty years.
You are correct, it absolutely will, its the cost of unrestricted spending and valueless trade currency. When the USD disappears all would feel it but the US would shrink and feel it generations its so debted