Bulletins and News Discussion from May 15th to May 21st, 2023 - EU Collapse Any% Speedrun

Image is of Chinese FM Qin Gang and German FM Annalena Baerbock, in Berlin.

Conor Gallagher over at Naked Capitalism details the latest in EU idiocy - foreign ministers backed a more hardline position on China and are considering putting sanctions on Chinese companies that they accuse of supporting Russia. The ideological contagion of "you are either with us or against us" has, without a shadow of a doubt, taken root in the brains of European politicians despite whatever words fall out of Macron's mouth.

The obvious problem here is that China is the EU's biggest trading partner for goods, their second largest import market, and their third largest export market. China's manufacturing is equal to that of the US and Europe combined, outputting most pharmaceutical ingredients, processing most rare earths, manufacturing most solar power wafers, and leads the world in the clean energy market in general - important, as the EU has given up cheap energy from Russia. It is not impossible for the West to develop their own domestic alternatives, but it will take several years to do so, and the sanctions war may escalate independent of that timetable.

Here is the map of the Ukraine conflict, courtesy of Wikipedia.

Here is the archive of important pieces of analysis from throughout the war that we've collected.

This week's first update is here in the comments.

This week's second update is here in the comments.