CHINA SHOCK 2.0 COULD DESTROY EUROPE AS WE KNOW IT
Europe’s leaders are waking up to the terrifying danger that China could obliterate much of their industrial base within less than a decade, shattering the old political order and the EU project itself.
The Rhodium Group says the Chinese Communist Party is digging in its heels, doubling down on a strategy of systemic over-investment and over-reliance on exports that cannot be absorbed by the rest of the world, and certainly not a Europe already in semi-slump.
The original “Made in China 2025” plan a decade ago targeted a clutch of specific technologies. Beijing is now expanding this into an “industrial policy of everything:” cars, machinery, chemicals, pharma, software, AI, you name it.
China is pursuing this ruthlessly, aiming to capture a larger share of global value added with vertical control of the entire lifecycle.
It is moving towards autarky* in its home market while undercutting the West in its own market and in third countries – everywhere and in every product. [*Autarky: an economic system or national policy where a country strives for total self-sufficiency, operating as a closed economy without relying on international trade, foreign aid, or global supply chains]
It devours foreign technology without releasing its own. The Rhodium Group said the foundations of G7 manufacturing are under comprehensive threat.
If you must pay the state to stay on your own land, you don’t own it — you rent it.







[As promised in last Friday’s HFR, this Monday’s Archive is Solar Warming, originally published in TTP on September 29, 2005: almost 21 years ago. Think of the trillions of dollars wasted on the hoax of Global Warming aka “Climate Change” since then. Yes, trillions, the greatest scam in human history, which perverted science (the only way a scientist could get a government or NGO grant was to “prove” it with GIGO computer models, never to disprove it which is the essence of real science), when it was nothing more than an evidence-free rationale to replace a failed Marxism (after the collapse of the Soviet Union) for fascist control over everyone’s life.
[TTP: RINOs are getting slaughtered in Texas, Mamdani is sending the police forth to actually police NY’s streets, and POTUS has passed his latest health assessment with flying colors – this is a good day to take a break from politics and take a gander at the great unknown.]
Cleaning out the attic, I recently came across my daughter’s first pair of walking shoes. They were the white leather real tie-up shoes where a parent had to actually tie the laces so the child’s foot would be securely held inside the shoe.
Reuters reported this week that virtually all major oil refineries in central Russia have been forced to halt or scale back fuel output after Ukrainian drone strikes. The affected plants represent more than 83 million metric tons of annual refining capacity — roughly one quarter of Russia’s total — and account for more than 30 percent of Russian gasoline and about a quarter of its diesel.
For the last year and a half, Americans have been slammed with politics to the point that it has made vast numbers of people nearly crazy.