As Russell Brand would say, it is indeed terrifying.
We are just seeing the remnant of what was already a decaying, manipulated democracy slipping away, replaced by the wet dream of Benito Mussolini of the merger between big corporations and the state, except that this time, it was done at the European level out of reach of the people. Both ingenious and diabolical.
The next level of control should follow swiftly with CBDC and social credit, sorry green whatever (marketing is working on a proper name) to be implemented in the next few years.
But all this presuppose there will still be a Europe by that time...
I know predictions are dangerous but here's one: In a few months Ukraine will crumble. It will happen suddenly. At that time, Europe will face a dilemma. Accept defeat and the fact that all the money invested in support of Ukraine is lost or double down and intervene. It will be an existential crisis. Europe doesn't have the army to support effectively Ukraine or worse replace it on the Eastern front. But conversely, Europe has invested so much credibility in this adventure that it will be next to impossible to do nothing. The Russian have said that they are planning for the war to last until 2025. That would be surprising. Ukraine is already exhausted. In-between, it is very likely that Israel will attack Lebanon. Maybe as soon as next month.
We are clearly heading into troubled waters. The control of the narrative will get tighter. This is only the beginning.
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