European Economics Thread

[BlackWindMnt]

Interesting article on potential EU responses to China's REE restrictions:

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Europeans stabbing themselves just to keep the germans(yellow character) down, the Americans in and the Russians out.

 

[Michael90]

so I actually looked through this list finally. Their areas of export leverage (that they think they have are).

AeroEngine and parts
CNC tools
Bearings
Powdered super alloys
Gas turbines
passenger aircraft

I can honestly go through each of them and debunk the futility of that, but it feels like a giant waste of my time. It's just hilarious this is all they got.

And again, having looked through Wassenaar Arrangement and how many hurdles China has overcome in the past year, these suggestions just honestly look ludicrous.

Agree. Maybe only passenger aircraft is the only one among their list where they still have an edge over China.