{"id":367700,"date":"2018-07-02T18:07:56","date_gmt":"2018-07-02T17:07:56","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/?p=367700"},"modified":"2018-07-02T18:20:15","modified_gmt":"2018-07-02T17:20:15","slug":"u-s-crushes-europe","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/editorials\/u-s-crushes-europe\/","title":{"rendered":"U.S. Crushes Europe"},"content":{"rendered":"

Eric Zuesse<\/span><\/p>\n

On June 28th, PwC (PriceWaterhouseCoopers) came out with their listing of \u201cGlobal Top 100 companies (2018):<\/span><\/a> Ranking of the top 100 global companies by market capitalisation\u201d, and reported: \u201cThe increase in China\u2019s market capitalisation has been close to that of the US this year. \u2026 China\u2019s contribution to the top 100 market capitalisation increased by 57%, to $2,822bn. \u2026 European companies have never fully recovered from the 2009 financial crisis. Europe is now represented by just 23 companies (down from 31 in 2009) and accounts for only 17% of the top 100 market capitalisation (compared to 27% in 2009).<\/b>\u201d<\/span><\/p>\n

How much more can Europe\u2019s wealth shrink? <\/span><\/p>\n

Europe is shrinking as an international place to invest, even while it is exploding as an international place to receive refugees from the nations where the U.S. regime bomb and destroy the infrastructure, and leave hell for the residents, who thus flee, mainly to nearby Europe, and so cause the refugee-crisis there. Usually, the U.S. isn\u2019t the only invader: it solicits any allies it can muster \u2014 mainly fundamentalist-Sunni Arab regimes, plus the apartheid theocracy of Israel, but also a few regimes in Europe \u2014 to join in this creation of hell for the escapees, and of immigrants to Europe. But, as Barack Obama put it,<\/span><\/a> \u201cThe United States is and remains the one indispensable nation.\u00a0That has been true for the century passed and it will be true for the century to come.\u201d The U.S. aristocracy intend to keep things that way, and their allies just tag along.<\/span><\/p>\n

The U.S. regime is solidly neoconservative, or imperialistic; and the way that it grows its wealth and its power now is at Europe\u2019s expense. The data show this.<\/span><\/p>\n

During recent centuries, Europe had led the world, but now the U.S. does, and at Europe\u2019s expense, but especially at the expense of the people who live where we bomb. This is just a fact, but what are Europeans doing about it? Thus far, nothing. Is that about to change? Maybe things are finally getting bad enough.<\/span><\/p>\n

On page 31 of the PwC report<\/span><\/a>, is shown that whereas in 2009 the U.S. had 42% of the \u201cTop 100\u201d companies, that figure in 2018 is 54% \u2014 54 firms, instead of the previous 42.<\/span><\/p>\n

China has 12 instead of the former 9.<\/span><\/p>\n

But most of Europe has seen declines, instead of rises<\/b>.<\/span><\/p>\n

UK now has 5 instead of the former 9.<\/span><\/p>\n

France now has 4 instead of the former 7.<\/span><\/p>\n

Germany now has 4 instead of the former 5.<\/span><\/p>\n

Russia has been hit particularly hard by U.S. sanctions; it now has 0, instead of the former 2.<\/span><\/p>\n

Three European countries had 1 in 2009 and now have 0 \u2014 none at all \u2014 and these three are: Italy, Norway, Finland.<\/span><\/p>\n

No one can reasonably deny, in light of these data, that the U.S. aristocracy \u2014 the individuals who control America\u2019s international corporations and U.S. Government and America\u2019s \u2018news\u2019media (to control the public) \u2014 have continued to win against Europe\u2019s aristocracies (the U.S. counterparts in the European subcontinent). What\u2019s amazing is that Europe\u2019s aristocrats are not fighting back \u2014 except (some of them) against the refugees from America\u2019s invasions and coup<\/span><\/a>s (and opposing those refugees isn\u2019t dealing with the source of Europe\u2019s economic problem). Even if the publics<\/b> in Europe are powerless, the billionaires<\/b> who still remain there are not. How much longer will they continue to be sitting ducks for America\u2019s billionaires to target and eat?<\/span><\/p>\n

Europe\u2019s power in the world could shrink to almost nothing, unless foreign affairs in Europe soon reverse 180 degrees, and turn against the U.S. and its allies, instead of stay with those regime-change fanatics \u2014 and against themselves.<\/span><\/p>\n

Europe is not declining on account of some failure by Europeans, except a failure to fight back in an intelligent way, which means, above all: against the real source of Europe\u2019s decline. America, after all, definitely is not a democracy<\/span><\/a>.<\/span><\/p>\n

\u2014\u2014\u2014\u2014\u2014<\/span><\/p>\n

Investigative historian Eric Zuesse is the author, most recently, of\u00a0 They\u2019re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010<\/i><\/span><\/a>,<\/i> and of<\/span> \u00a0<\/i>CHRIST\u2019S VENTRILOQUISTS: The Event that Created Christianity<\/i><\/span><\/a><\/span>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Eric Zuesse On June 28th, PwC (PriceWaterhouseCoopers) came out with their listing of \u201cGlobal Top 100 companies (2018): Ranking of the top 100 global companies by market capitalisation\u201d, and reported: \u201cThe increase in China\u2019s market capitalisation has been close to that of the US this year. \u2026 China\u2019s contribution to the top 100 market capitalisation […]<\/p>\n","protected":false},"author":1254,"featured_media":367701,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[461,519],"tags":[960,96,93,535,55,523,76,40],"class_list":{"0":"post-367700","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-editorials","8":"category-newswire","9":"tag-china","10":"tag-cover-up","11":"tag-eu","12":"tag-global-news","13":"tag-uk-news","14":"tag-ukraine","15":"tag-warfare","16":"tag-white-house"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/367700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1254"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=367700"}],"version-history":[{"count":2,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/367700\/revisions"}],"predecessor-version":[{"id":367703,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/367700\/revisions\/367703"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/367701"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=367700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=367700"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=367700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}