> USA was already the richest nation before both world wars and way before NATO was established. Europe can't align with Russia, because Russian Empire wants pieces of Europe. It can't align with China, because trading with China is more or less one way and that can be taken away anytime China feels like it.
In a world where the US is not a trusted partner, I'd expect the EU to do partial deals with the US and China while maintaining pressure on Russia.
Lets not forget that the US imports vast amounts of EU capital, and in the new world that makes less and less sense. And the US market having 60% of global equity value is not sustainable in this world either.
In a world where the US is not a trusted partner, I'd expect the EU to do partial deals with the US and China while maintaining pressure on Russia.
Lets not forget that the US imports vast amounts of EU capital, and in the new world that makes less and less sense. And the US market having 60% of global equity value is not sustainable in this world either.