In effect, the EU has embraced a hyper-mercantilist, export-driven growth model, prioritising trade surpluses over internal economic development. This approach has come at the expense of both its own citizens, who face stagnating wages and underfunded public services, and its trading partners — most notably the United States — who have absorbed the EU’s export surpluses as part of an increasingly unbalanced global economic relationship.
Related Articles
EU politics
Politico: Irish parliament rejects EU-Mercosur deal in symbolic vote
Motion calls on Dublin to vote down major South American trade deal at EU level. Read here
EU politics
Daily Sabah: EU executive to launch action over Italy budget, sources say
While the UK Express reports that 60% of Italians now believe the EU is bad for them, Germany refuses to relent. It is no longer a question of if another nation leaves the EU, but […]
EU politics
Lily Lynch – The EU’s American Queen
Some much needed critique of Ursula Von Der Leyen’s centralisation of geopolitical power in Europe. In ‘UnHerd’. Read the article HERE.

Be the first to comment