Part 4/14:
Europe's energy policies reveal the extent of its internal contradictions. When Russian gas supplies were cut in 2022, Germany responded by shutting down its remaining nuclear power plants—a disastrous move that crippled its heavy industries and skyrocketed energy prices. This decision disincentivized manufacturing and sent shockwaves through the broader economy, exposing Europe's vulnerability to energy dependency.
The continent also faces a significant labor shortage, as millions of well-educated workers leave for better opportunities outside Europe. Meanwhile, many migrants fill the gaps, straining welfare systems and increasing social tensions. Approximately 100 million Europeans are at risk of falling into poverty, fueling dissatisfaction and distrust.