The events in Brussels at the end of this year confirm what many of us have been warning about for years: The EU is sleepwalking into a self-inflicted historical catastrophe that bears a closer resemblance to the collapse of the French monarchy than any other event in modern history.\n<\/p>\n
The headlines in recent weeks have been dominated by the EU\u2019s decision to guarantee a new loan of up to \u20ac90 billion to Ukraine. However, \u201cinterest-free\u201d is a term that only applies to Ukraine. If the money is raised by the EU via capital markets as planned, it will a) not be interest-free for the EU, and b) this additional burden will lower the creditworthiness of European states, inevitably leading to higher interest rates in the long term.\n<\/p>\n
Once again, the European \u201celites\u201d believe they can take the public for fools. Relying on future reparation payments from Russia is equally absurd. Such payments would amount to an admission of defeat, which exists only in the minds of Kallas and Co., but not on the battlefield.<\/p>\n
Do not be fooled by the media\u2019s technocratic jargon. What has been decided here is not merely a loan, but the crossing of a fiscal Rubicon. By financing this through \u201cjoint borrowing,\u201d backed by the EU budget\u2014a \u201cPlan B\u201d pushed through after the failure to seize frozen Russian assets\u2014Brussels has effectively introduced Euro-Bonds by the backdoor.\n<\/p>\n
For decades, Germany resisted the idea of debt mutualisation, knowing full well it would transform the EU into a transfer union where German thrift pays for others\u2019 profligacy. Yet, in a stunning capitulation, the Merz government has buckled. Berlin has agreed to a plan that mortgages the continent\u2019s future. What does this mean for Germany\u2019s creditworthiness? It means the anchor of the European economy is now chained to a sinking ship. Should France or Spain slide into a financial crisis, we will now all have to pick up the tab.\n<\/p>\n
Europe\u2019s 1776 Scenario<\/b>\n<\/p>\n
Why is this happening? Because our leadership class is trapped in a moralistic delusion that ignores economic reality while possessing virtually zero historical knowledge.\n<\/p>\n
In my recent discussion on GB News, I drew a comparison that I believe is becoming more relevant by the day: The French Revolution of 1789. Let us remember that the fiscal crisis which ultimately toppled the French crown was caused by the financing of the American War of Independence (1776). King Louis XVI ruined his own state to fight a geopolitical rival (Great Britain) abroad, hoping that a British defeat would secure him the sugar-rich colonies of the Caribbean. A risky gamble with a known outcome: Instead of harvesting wealth, he harvested the Revolution of 1789.\n<\/p>\n
One must give the French credit: Their strategy failed, but at least they had a strategy. What, exactly, is the EU\u2019s strategy? We are funnelling billions into a war of attrition in Ukraine\u2014a war we can sustain neither industrially nor financially\u2014while our own schools, hospitals, and infrastructure decay. How long will the people of Europe accept that there is unlimited money for the Donbas, but no money for the Ruhr or the Midlands? The French monarchy thought its institutional framework was secure until, suddenly, it wasn\u2019t. The mandarins in Brussels suffer from the same arrogance.\n<\/p>\n
The Great Political Realignment<\/strong>\n<\/p>\n The public is already reacting. As we close out 2025, right-wing and anti-establishment parties are soaring across the continent.\n<\/p>\n Austria: Leading the charge is Austria, where current trends suggest an absolute majority for the FP\u00d6 can no longer be ruled out. The 40 per cent mark has already been breached in some polls, with no reversal of the trend in sight.\n<\/p>\n Germany: A similar picture is emerging here. The AfD is now polling at record highs, competing for the top spot\u2014a scenario unthinkable just a few years ago. The \u201cfirewall\u201d is burning down.\n<\/p>\n Britain: The UK is experiencing a political realignment of a magnitude not seen since the rise of the Labour Party in the 1920s\u2014only this time, the momentum is moving away from the established consensus. Reform UK has opened a clear lead in the polls, increasingly displacing the Conservatives. France, Spain, and Portugal show similar trends.\u00a0\n<\/p>\n The Geopolitical Reality Check<\/b>\n<\/p>\n While Europe engages in this act of self-immolation, our rivals watch with patience. Vladimir Putin has no incentive to end the war now. Why should he? He sees the cracks in the EU. He sees a German government paralysed by financial obligations and a French state teetering on the brink of insolvency. He can simply wait until the European house of cards collapses and governments come to power that are more interested in cheap gas than moral crusades.\n<\/p>\n China is playing the long game. While European nations deindustrialise in pursuit of a Net Zero utopia\u2014shutting down nuclear power plants and destabilising our grids with volatile renewables\u2014Beijing is stockpiling critical resources like crude oil and massively expanding its energy grid. They understand that you cannot run a 21st-century military-industrial complex on wishful thinking and windmills. They are bundling less competitive chips with cheap, abundant energy, securing a manufacturing dominance that we are voluntarily surrendering.\n<\/p>\n We are living through a revolutionary moment. The gap between the rhetoric of the European elite\u2014promising victory in Ukraine and a green paradise at home\u2014and the reality of declining living standards and deindustrialisation has become too wide to bridge.\n<\/p>\n In 1988, no one believed the Soviet Union would be gone four years later. In 2025, the idea that the EU in its current form will survive this decade is looking increasingly like a fantasy.<\/p>\n","protected":false},"excerpt":{"rendered":"The events in Brussels at the end of this year confirm what many of us have been warning…\n","protected":false},"author":2,"featured_media":660550,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5309],"tags":[2000,299,36],"class_list":{"0":"post-660549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-france","8":"tag-eu","9":"tag-europe","10":"tag-france"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115803657578920473","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/660549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=660549"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/660549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/660550"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=660549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=660549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=660549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}