Europe Angry That The United States Profits From Ukraine Proxy War

Europe Angry That The United States Profits From Ukraine Proxy War While Destroying The European Union Economy

Nov. 29, 2022

Multipolarista - Benjamin Norton

European Union leaders are furious that the United States is making lots of money from the proxy war in Ukraine by selling weapons and exporting expensive natural gas.

Meanwhile European industries are being destroyed as high energy prices and the United States subsidies push its companies to go overseas.

The Biden administration's passage of the Inflation Reduction Act this August has sent the European Union "into full-blown panic mode," and even threatens to bring about a "transatlantic trade war," according to Politico.

The law pledges up to $369 billion in subsidies to support companies that claim to be environmentally friendly, as part of a "green" transition.

These huge United States subsidies "threaten to destroy European industries," the outlet reported, and have led Brussels to "draw up plans for an emergency war chest of subsidies to save European industries from collapse."

An unnamed European Union diplomat told Politico, "The Inflation Reduction Act has changed everything," asking, "Is Washington still our ally or not?"

Sources in our article here: https://multipolarista.com/2022/11/28/europe-us-profits-ukraine-war-economy/

Original: https://youtu.be/N3wWaoOtVZI

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