this post was submitted on 25 Dec 2024
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Asklemmy
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M&A is coming for Europe in a big way as the neoliberal policies of the states seep in through all the cracks. 2025 is gearing up to be a big year for Euro bank consolidation. We've already seen a lot of the industrial sector hollowed out of the Southern EU states and consolidated in Germany. Crackups like what happened in Yugoslavia in the 90s and border wars like what we're seeing with Ukraine/Russia have also immolated domestic industry in a way we haven't seen since the Years of Lead.
We'll see how long that lasts. If the UK is a bellweather, it looks like the Elon-ification of your economy is just a matter of time.
European sad agreeing noises