Igor Antunov wrote:
To be fair US doesn't have any money to spend on infrastructure. It would have to halve its military budget and reallocate-and not even come close to what China is spending; and even then it would merely be just managing to service its debt interest-for as long as the petrodollar printing scam holds up.
Bidens little adventure in Europe is really superfluous. Also managed to ink an agreement on outlawing forced labor exports. Good thing the US prison system where slavery is literally legal doesn't rely on exports.
G7 meeting only served to highlight how clownish this all is but more importantly how much economic sway Germany has over global affairs vs the US..
It's poetic at least; the US sends a senile old man on his last legs to represent it at an international forum.
We don't spend enough, China is propping up a bubble. Neither approach makes sense, frankly.
The West is slow and clumsy and flawed. But don't count your empires before they hatch.
Germany is the de facto leader of the EU, of course they have a lot of influence.
I have been surprised by Biden's competence, genuinely surprised. He does his homework...