The article discusses the fallout from Trump's trade war and its damaging effects on the United States' global standing, primarily the erosion of alliances and trust. It suggests that while the U.S. faces self-inflicted destruction, Europe may find a chance to restore its vitality amid this chaos. With declining demographics and military strength, Europe could attract talent and capital as disillusioned individuals seek refuge from an authoritarian political climate, possibly positioning Europe as a more favorable destination than China.
The self-inflicted damage is incalculable. Unfortunately, the oceans won't shield us from this kind of blaze... its flames will cause great harm to others across the globe.
The paths are many, but they can perhaps be summed up in one concept: restoring vitality. Europe has been suffering a slow hemorrhage for decades.
If people want to leave, will they turn to an increasingly authoritarian China under Xi Jinping? There are reasons to believe that Europe stands a good chance of becoming the preferred destination.
Economic brutality can also lead to positive consequences... it could provide an opportunity to stem the outflow of European savings to the United States.
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