this post was submitted on 19 Jun 2023
11 points (100.0% liked)

World News

39156 readers
2189 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

The US GDP is now $25tn vs EU GDP of $19.8tn with UK. Without the UK the EU is 50%.

you are viewing a single comment's thread
view the rest of the comments
[–] kurosawaa 1 points 1 year ago (2 children)

I do find it interesting that when we talk about economic growth of the West vs China, we are really only talking about American growth. The rest of the EU has stagnated. Is the "global economic order" really beneficial to the west, or just to the United States? We like to talk as if everything that's good for America is also good for Europe, and things like sanctions on China and Russia should be done by everyone, but the rest of the West is not nearly as economically healthy as America. Can Europe actually afford sanctions?

[–] PottedPlant 2 points 1 year ago

It's both financing a stronger military throughout NATO and kicking Russian oil and gas out. If the EU can't afford the sanctions then the military costs will go up. One way or another there will be costs, some of the military budgets took a huge peace dividend and it will appear as excessive military spending, however some of that is just playing catch up.

[–] tamaroth 2 points 1 year ago

Afford? Probably yes.