Apart from the vast majority of population , who will lose even the precovid income level and join the precarious jobs which in many countries reach 40% of the workforce and you can imagine what pensions they will have while the smartshit appliances keep them happy, the winner of the Shock Doctrine applied to the EU, is the Fossil energy States and Corporations. They could not and do not want this green transition to happen and lose the power.The Green Deal is dead.The plan for the green transition is officially postponed, but Witchdoctor reminds you that 2060 date is a deadline and not a startline and, you will fry. The current retaliation is fantastic.The CO2 emissions are on a sharp rise.
Caught between pandemics, growth with broken chains and bottlenecks and the chilly winter time, the Shock Doctrine works as it should in the EU. Now , how does it feel , to be , like a rolling stone, like the third world victim of the Shock Doctrine? Maybe now you understand.
The USA have dramatically risen the sales and quantity of the liquid gas in the EU ,stepping into energy core, compacted the EU under the Nato,more arms, Putin showed that money is not all, the Russian soul longs for the good old times, even for past stalin times with 30 million deaths and starvation, but gas is good for the blackmails. All this comes with a price, which will not go down.
German proposed transition model has lost in the EU. The green transition turned instead into gas and nuclear transition. With this price shock even the Nuclear power is on the line of being viable as the option, which, was the plan?
The Recovery fund peanuts went up in fire and smoke of the energy prices. Definitely crumbs of stale bread.
The ECB is under attack of the hoards of liberals- hoardoliberals- of living within your means, not theirs, yours.
The next move to apply the shock doctrine as it should be, which will push back the Eurozone into austerity and recession, is the rise of the interest rates by the US Federal Reserve Central Bank.Not because of the inflation, that is pure bollocks, it does not work like that. The flight of casino capital to US will be the next blow, flowing into Dollar.. The ECB is caught in the cul de sac.
The EU countries which do not relay on gas as the major energy source, will be more competitive. The inner market is wobbling, the differences between participants will grow even more which, being all under the same currency without solidarity, means turmoil.
The rise of Chinese imports and the overall EU trading balance is the next sign.
Ukraine, the corrupted Oligarch dreamland, lost even more.
The first direct victim of the shock doctrine. In part self inflicted, not able to reach an agreement between nationalities on his soil. Dreaming the “grandeur” while having a peasant economy with the systemic cleptocracy .
…….
A coffee roasting company in Trieste, the historic place where the best European coffees are roasted and blended, saw its gas bill (for roasting) shoot from 15.000 euros to 109.000 euros.
It will cost you, the Shock Doctrine. Bread and tears.
Instead of applying the UBI in the beginning of the pandemic, secure the business which suffer the most from restrictions of the people meeting together ( tourism, music, arts, food…), instead of carefully thinking over the timetable of transition out of the pandemic and out of fossil fuels, you got the Shock Doctrine.
The losers are: WE, the 99%. Self inflicted, too.
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PS, UPDATE 18.2.2022: MICHAEL HUDSON ON THE SUBJECT. He is really good…