France is at war with itself - Yanis Varoufakis & Wolfgang Munchau | The Econoclasts

European political and economic stability is fracturing under the weight of failed technocratic leadership and strategic incoherence. Emmanuel Macron’s presidency exemplifies the collapse of radical centrism, as his tenure leaves France polarized, fiscally fragile, and prone to social unrest. Simultaneously, the European Union’s response to the war in Ukraine lacks a coherent strategy, relying on moral posturing rather than realistic geopolitical planning. By avoiding the choice between full military engagement and immediate peace negotiations, European leaders are draining their own economies and accelerating a descent into vassalage under American influence. As the continent faces mounting debt and energy crises, the reliance on waiting for future US administrations to resolve these conflicts ignores the reality that a weakened Europe will inevitably be treated as a supplicant, regardless of who occupies the White House.