Thursday, August 25, 2022

The EU is Getting Laid Off From Its Lifestyle

 The EU energy crisis is long in the making. The EU just doesn't have any energy resources. It's currently getting "laid off" from the western lifestyle. It's hard to believe it's happening but it is. The French President Macron basically told people in France that the party is over for them.

Here's a table of Exports per country/region and Energy imports. The units are consistent, but otherwise pretty meaningless. The energy imports are in tons of oil equivalent. The exports are in USD. The ratio of Exports/Energy imports is sort of related to the "efficiency" of the economy at converting oil to Exports. Obviously it's not a real apples to apples comparison from one country to another, the situations are starkly different, but I think the info is still pretty valuable.

Asian countries work and produce goods to pay for energy imports. Europe doesn't. The US is more energy self-sufficient, so it's not really even an issue.

Country/RegionExports ($)Energy Imports
Ratio (Exports/Energy)
EU11009851.116751269
Japan9233872.38501292
China27237333.714870396
US20008025

The American "left" who are in positions of power throughout US institutions are oriented toward Europe. Their policies are all about keeping Europe viable. They don't have anything to do with American national interest.

Anyway, the EU is pretty fucked.

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