NIMA ALKHORSHID: And you’ve mentioned what has happened in Ukraine, and the way Ukraine is just not letting the gas flowing to Slovakia and other countries. So, Michael, in your opinion, French President Emmanuel Macron stated that Europe can no longer rely on other powers for its security. And with the rise of the AfD that you mentioned in Germany, do you think that this new attitude on the part of Europeans can help? Because at the end of the day, they don’t have any sort of alternative for their energy. It has to be Russia. Do they have any other alternative for energy?
MICHAEL HUDSON: What Macron has said is we cannot depend on any of our own politicians to make our policy. We can only depend on the United States for our policy. That’s what every action of him has said. He would like to get votes. Of course, the voters want their politicians to support policies for the United States. Those are not Macron’s policies. Macron’s policies are diametrically opposed to European self-sufficiency. Macron has talked about let’s send the French army. Let’s send troops to Ukraine to help fight Russia. The single-minded focus of Macron is to fight Russia and sacrifice the rest of Europe.
That’s why he’s so unpopular. That’s why the government has fallen. That’s why French finances are in a disaster. So I’m not sure. I would certainly not want to take Macron as if he’s representing European interests. He’s not. He’s basically a U.S. puppet. The second part of your question is, does Europe have another source of energy? Well, thanks to the Green Party, the environmental policy party, yes, it has two sources of energy. It has coal That’s the number one fuel of the future for the Greens. It’s vastly increasing Russia’s coal consumption, and it can cut down the forests. It can use wood.
And there’s a big market. The Germans are now buying local space heaters. You put wood stoves. They’re using wood stoves. If you walk down a countryside in Germany, you see whole wood piles of logs to be fed into the heaters. So, yes, Europe can burn down its forests and coal. It takes time to make an atomic energy plant. And Europe has decided it doesn’t want atomic energy. It wants solar energy. And so throughout the German countryside, and I’ve driven there, you have enormously loud windmills going that are not only driving people crazy, they’re driving the cattle crazy or whatever animals you may have on the countryside.
So they’re making an attempt at wind power, an attempt on solar power. But the United States says, no, you can’t have solar or wind power because who’s making the windmills? China. Who’s making the solar panels that generate solar power? China. So you really can’t do that. You’ve really got to starve in the dark. And that’s, again, the quandary for Europe. And I don’t see anyone except the right-wing parties opposing this.
The [EU] left is completely on board with the U.S. Cold War because the left-wing parties, as I think we’ve discussed before, have been staffed by politicians who have been dependent on very heavy subsidy and grants from non-governmental organizations such as the National Endowment for Democracy to build up. So you really don’t have a domestic formulation of what would a rational European economic policy be to restore prosperity, and in fact, is there a way to restore the dismantling of heavy industry, steel industry, automobile industry, manufacturing industry, even fertilizers and chemicals that have already been dismantled? Or does Europe have to go the way that the Baltics have gone? You’re already having plunging population fertility rates throughout Europe, but you’re also beginning to have the same kind of immigration, not only of people, but also of industrial companies out of Europe to other places.
So I really don’t see in the short term any way that Europe can have an alternative to Russian energy as long as its political system is governed not by elected local national leaders, but by the EU bureaucracy, which is solidly NATO. And the whole European Constitution, the Eurozone, as we’ve discussed before, is basically dominated by NATO and by the United States indirectly. I don’t see much of a solution except poverty for Europe.