It is fully within the power of the EU to invest in European manufacturing and weaken the Euro, making local goods cheaper and imported goods more expensive. They choose not to do this because to do so would even out the system of unequal exchange that the European economy is currently built on - but unlike Europe, China’s manufacturing economy is entirely built on the blood, sweat, and tears of Chinese workers, which is why they don’t have that problem.
It is fully within the power of the EU to invest in European manufacturing and weaken the Euro, making local goods cheaper and imported goods more expensive. They choose not to do this because to do so would even out the system of unequal exchange that the European economy is currently built on - but unlike Europe, China’s manufacturing economy is entirely built on the blood, sweat, and tears of Chinese workers, which is why they don’t have that problem.
I agree.