• FuckyourFeels@lemmy.world
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          1 month ago

          The only implication is that Europeans are about to be broke and starving. Those that are smart will eat the squirrels

          • Viking_Hippie@lemmy.dbzer0.com
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            1 month ago

            Fun fact #1: Europe is in general much less dependent on oil prices than the US.

            Fun fact #2: Most European countries have much less economic inequality than the US in general, which means that the poor are much less likely to hit desperate levels of poverty before the rich feel it enough to do something about it

            Fun fact #3: Most European countries additionally have social safety nets specifically designed to prevent the already struggling from becoming absolutely destitute like you’re describing

            Conclusion: While far from unaffected, most of Europe won’t see ANYTHING near what you’re suggesting and you would have known that if you bothered to learn about the differences between different economies and political systems rather than just assume that every country uses the same reverse Robin Hood system as the US.

            Tl;Dr:

              • NotSteve_@lemmy.ca
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                1 month ago

                The USA is self reliant on oil

                Don’t you guys import most of your crude from us up in Canada? The country you fucks keep pissing off?

                • FuckyourFeels@lemmy.world
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                  1 month ago

                  We don’t import from Canada. We import from ALBERTA with whom we have a great relationship with and from my understanding the CIA is actively making sure secedes from Canada to become the 51st state ✌️✌️✌️

              • Viking_Hippie@lemmy.dbzer0.com
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                1 month ago

                Time will tell friend

                Time has told. Similar situations have happened many times before, and the effects on European poverty has always been less severe than the US, for the reasons I described.

                The USA is self reliant on oil

                That’s not how it works at all. The oil extracted in the US doesn’t just go in a giant national pool for all Americans to use from.

                It’s sold by the private companies doing the extraction and several layers of middle men before the consumer sees only indirect (if any) benefits from the (private companies of) the country being net exporting.

                The US economy is more reliant on oil because those companies as well as car dependency are HUGE factors in how both the macro and the micro functions in the US.

                EU is always looking for handouts

                Categorically untrue.

                GOOD LUCK!

                You’re probably gonna need it more than me, but thanks anyway 🤷🏻