Europe's Economic Crisis: Why Industries Are Collapsing Faster Than You Think! Electric Cars Failing

The USSR collapsed primarily due to economic stagnation, systemic inefficiencies, nationalist movements, and a loss of legitimacy in its centralized government. The EU would face a set of triggers, such as prolonged economic crises, extreme political fragmentation, or a significant shift in public opinion against integration causing it to collapse!

Europe is controlled by radical green liberals who have been sacrificing their industries for the sake of being green. Europe is deindustrializing while the rest of the world is developing industry.

Energy crisis is self inflicted

Why ?? Where you live, ask Schwab WEF ask his young Global Leaders ask about Nord Straem ask because Stupid Countrys want no Russian Gas and Oel

Is not so much state backing....The west nations government had bigger budget but most are used for politicians and their backers

They took the greatest invention made by man the internal combustion engine and tried to throw it away😂😂😂

Damn

Wow … it takes a real genius to figure out that it is impossible to compete on the world market with energy prices that are 2-3 times too high ….. 😂😂😂 but then again, real geniuses are about as rare as white wolves within the European governments !

Good, consequencies of mass corruption, inequality and injustice. Honesty and integrity outlawed years ago.

Communism has that effect. We have tons and tons of oil and gas while China has little. Why do you think China is pushing us to use batteries for everything and promoting the climate change agenda in europe but not in China?

Two huge reasons Chinese companies produce new products at low cost
1… infrastructure costs are lower (including insurance, legal, electricity, transportation, labor, etc). Note, lower infrastructure costs have a ripple effect, multiplying the benefit. Although labor rates are lower in China, so is the cost of living, thereby allowing low paid workers to afford EVs, university tuition, food, etc.
2… Wall Street investors and corporate management treat the company as their piggy bank and take money out instead of reinvesting income back into the company … company paid jet for the CEO, huge payouts to CEOs even when they damage the company. eg Boeing’s CEO is getting $30 million golden parachute after wrecking their reputation and becoming unprofitable.
Also Wall Street investors demand companies cut expenses such as by subcontracting out to lowest bidders & eliminating R&D and instead use the money to do stock buybacks. Stock buybacks temporarily boost stock prices which justifies huge bonuses for the CEO and for Wall Street fund managers, but sacrifice the company’s future.

And how could VW survive when their own government participates in cutting off cheap energy from Russia?

Within 20 years China will supply all the electronic goods to the world such as tv, pc, cleaners etc..

Because politicians are just corrupt to the core and they always come to the average people to take money … all Russian sanctions and the asymmetric wars , are destroying Europe and European industry .
The USA have BOMBED the Nord stream pipeline , but NO European politician is addressing that , and we are in the middle of 2 front , the USA have destroyed and betrayed Europe , and Russia , our neighbor is telling us the truth , by denouncing what CIA and US policy have dragged us into a war with Ukrainian Nazista , but they prefer to spend for everything , and all others are laughing at European politicians .
All the money of the rich are in British Virgin Island , and in all other fiscal paradise outside Europe .
It’s a shame .

Europe commited suicide

The blonde german,must be OUT!

really? expensive energy, forced green 'climate' scams and a suffocating centralized bureaucracy run by an unelected daughter of nazis and failed wanna-be man. that's a good start.

China has no woke cult I bet

Its too late...The EU leaders are still focusing on the Ukraine and Russia War and spend millions to subsidy the war not the industrial community....How could it b possible to catch up to China who is sitting with smile watching Eu got dragged by US lol

Each time an area, country, union is led by leftards, the bankruptcy come.
EU rulers are neo-Marxists, thus the terrible things happening to normal people

Only think green remain in europe ...it is our wallet

To regain a better quality of life, Europe will need to become more regionally homogeneous.

Very bad crisis:—(((

Basically, the EU is a WEF/CCP sponsored Trojan horse that has destroyed Europe's industry, energy production, farming, culture, society. When are people going to wake up?

Run china is coming west had it good for a while

The US is our real enemy and all our political leaders are their puppets.

How you can build without resources and energy?

Thank God, India didn't go with the west🤣🤣🤣🤣🤣🤣🤣🤣🤣. The beautiful Garden of West is about to become a jungle

Why are European industries collapsing..........Ursula von der Leyen.

Absolutely Wright good explanation 🤜🏿🤛

Not just soaring energy costs, but source of energy. Main LNG source is restricted to US.

Europe has the highest energy prices on earth. This has destroyed the economy of Germany and the UK. The rest of Europe is hurting because of these impossibly high enegry prices.

The key lost is the cheap gas from Russia which power the car manufactures. They were going to find other solution which is in the backyard Nuclear power. Its a matter flip the switch on. The EV car hype is created by the CCP that mean to displace the EU auto industry. Sales of EV cars has flatline when the chinese EV car owners found out the batteries are unstable would cause electric fire. To make it cheap they cut corner regards of safety. The tesla battery technology the Chinese stole is very dangerous with magnesium. if the battery not incase in steel to keep the oxygen out and cell battery break apart, the battery catch on fire nothing can stop it. This is what happen to Jaguar EV .
There nothing German maker have that the Chinese like BYD would want and need . They stole what they need from tesla. There however two important value the Chinese did not😀 master and that Safety & reliability. There still hope for German and EU manufacture.

Just see the names in EU; von der Leyen, Habeck, Bärblöd, Strack, Söder, Merz..............a disaster

Because they sold their country/people to the few 😢

What we are seeing now is a breaki down of western society, and a dominance from China. We are in a collapse, and no one can make the nessacery wise decisions to get us out of this. China will succeed with all that its done on the world stage. The thing is, are we willing to fund a Communist country?

For as long as the EU green energy transition policies and legislation continue to impose crippling and unachievable carbon reduction targets to offset an imaginary man made catastrophe, the EU will continue to disintegrate, destroying not only its industrial base but also its food, energy, and security. The only certainty in all this foolishness is that the common people will pay the price and carry the heavy burden imposed by foolish leadership.

Europe is dead. They just don't know it yet.

Europe gave its dominance away for free to the Chinese which I don’t blame the Chinese at all. I blame Europe the do-gooders.

Don't worry. EU is a garden by itself.😂😂

The author is a crying baby, or a whining wife.

And why or why has China cheap energy while Europe’s energy prices are rising?:)

If you keep assaulting The People tax payers, there people don't have money to buy. Obviuslly no?

Why ? Because Ursula and her team aren't analytical before action.They luck brains and that's congenital. They realize stupidity after they see the results.

Energy cost

To meet EU climate change legislation all cars will be more expensive to buy - driverless cars and necessary development of rail networks / alternative transport methods as people stop using private cars

Do not push socialism...

Do not push socialism...

Political correctness ruled over pragmatic judgement, period.