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Old 09-05-2025 | 10:31 AM
  #11  
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Originally Posted by tallpilot
100 articles per week explaining why the EU is an unmitigated disaster and about to implode. Wake me up when the Euro trades under $1. Until whoever is manipulating the FOREX markets to suppress the greenback loses control, the status quo will prevail.
It has happened in the past - even with the US subsidizing the defense of most of Europe while they were trading with Russia for cheap POL.
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If they truly are going to rebuild their anemic defense establishments while developing or buying more expensive energy sources (and having to deal with 15% tariffs) the odds of it getting back below parity with the dollar seem pretty good. Not necessarily bad for our business of course. I remember a family vacation once in Europe when our hotel bill was 15% less at the end of the week in dollars because the local currency had lost so much against the dollar in seven days. It made tourism a real bargain.

Concur totally with the comments about pilots financial advice and not just for the bottom 20% of the seniority list either. While you can almost certainly get hired elsewhere a ten or fifteen year drop in seniority is generally a much hit economically than that Of a two or three year FO being furloughed for a year or two.
Old 09-06-2025 | 03:52 AM
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Originally Posted by Excargodog
But it seems to be headed in that direction.

https://www.msn.com/en-us/money/mark...e-verthp-feeds
Your subject for discussion is important.
However it is ignoring the elephant in the room.
Plus that ever adept master of perception management, the bear.
Old 09-06-2025 | 10:06 AM
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https://360info.org/political-turmoi...obal-conflict/

Political turmoil in Spain as Europe faces US trade wars and global conflict


Published on August 12, 2025Sánchez fights for stability at home while Europe navigates complex US relations and global conflicts.



Spain’s government under Prime Minister Pedro Sánchez is grappling with mounting scandal and political instability, with the opposition centre-right People’s Party (PP) widening its lead over the ruling party in opinion polls. The PP is polling at around 34 percent versus 27 percent for Sánchez’s PSOE, the Spanish Socialist Workers’ Party, prompting callsfor early elections by the opposition.

According to a recent Reuters/Ipsos poll, the PP now holds a clear edge, buoyed by discontent over multiple corruption allegations involving senior PSOE figures. The scandal surrounding Santos Cerdán, the party’s former organising secretary, has intensified scrutiny on Sánchez’s leadership.

A political earthquake followed the resignation in June of Cerdán, who is accused of arranging kickbacks in public contract deals. Sánchez nonetheless rejected calls for his resignation, pledging anti-corruption reforms and announcing an external audit of party finances.
Coalition under strain
The current coalition, forged in November 2023 after a stalled election outcome, relies on agreements with smaller regional parties, including the Catalan separatist Junts, led by Carles Puigdemont. That pact included a controversial amnesty law for Catalan politicians in exchange for Junts’ parliamentary support.

Despite opposition claims that the amnesty undermines judicial integrity, Sánchez defended it as essential to political stability. Demonstrations erupted in Madrid, with protesters accusing him of betraying Spain’s principles.

Sánchez is increasingly portrayed as one of the few remaining centre-left heads of government in the EU. f he is ousted by the PP, which is aligned with broader centre-right coalitions across Europe, it would further cement conservative dominance at the EU level.
Reform push and reputational damage
Sánchez introduced sweeping measures in July 2025 to cleanse party structures – from barring convicted firms from public contracts to enhancing whistleblower protections. Transparency International Spain welcomed oversight measures but noted persistent gaps in ethics and political accountability frameworks.

Despite repeated apologies, polls indicate declining faith in the PSOE’s ethics, and 41 percent of voters say Sánchez should call an election, while nearly 18 percent believe he should resign altogether.
Old 09-06-2025 | 10:09 AM
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Originally Posted by MaxQ
Your subject for discussion is important.
However it is ignoring the elephant in the room.
Plus that ever adept master of perception management, the bear.
Europe has four times the people and a magnitude greater GDP than the bear.

They need to get their act together.
Old 09-06-2025 | 10:23 AM
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Originally Posted by Excargodog
Europe has four times the people and a magnitude greater GDP than the bear.

They need to get their act together.
The bear has had a great deal of success in influencing the 'rising right' of Europe and the elephant in the USA.
Perception control does not require actual physical prowess.


Old 09-06-2025 | 10:44 AM
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Originally Posted by MaxQ
The bear has had a great deal of success in influencing the 'rising right' of Europe
Of course they try to influence other nations' internal affairs, it's in their KGB DNA.

Doesn't mean the euro right wing is a RU puppet, or invalid... the fuel for that fire is immigration, which has nothing to do with RU.

RU thinking that the euro right might be more sympathetic to it's cause than the left does not mean RU created the movement, or controls it.

Originally Posted by MaxQ
and the elephant in the USA.
The elephant has been played for many years, and might be just starting to wise up.
Old 09-06-2025 | 10:55 AM
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‘Block everything’: What we know about the movement to shut down France on September 10

FRANCEA grassroots protest movement that began on social media is gathering steam with its rallying cry to "Block everything" ("Bloquons tout”) in France on September 10. Organisers hope to bring the country to a standstill to protest against Prime Minister François Bayrou’s national budget plan *– even though the current government may fall before the demonstrations begin.

https://www.france24.com/en/france/2...n-september-10

Across social media in France, three words have been proliferating since Bayrou announced his national budget plan on July 15: “Boycott, disobedience and solidarity” ("Boycott, désobéissance et solidarité").

Behind the slogan is the burgeoning national protest movement "Block everything" (Bloquons tout) calling for a day of national protest on September 10 in a bid to paralyze the country.

The citizens collective, which has about 20 organisers according to French newspaper Le Parisien, says it is independent of political parties and unions. On social media platforms X, TikTok, Telegram and Facebook, its message has taken off with supporters sharing visuals under the hashtags #10septembre2025 and #10septembre.

The trigger for such widespread discontent is Bayrou’s 2026 financial plan aiming to slash €43.8 million from the national budget and reduce France’s spiralling deficit. Among the most controversial austeritymeasures are plans to remove two national holidays, a freeze on pensions and €5 billion in health cuts.

But in the weeks since support for the protest took off, France’s political landscape has shifted dramatically. Bayrou in late August called for a parliamentary confidence vote in his government – and its budget – which will take place on September 8.

The prime minister is all but certain to lose the vote, forcing his resignation and leaving France, once again, without a government or a financial plan.

In this scenario, will the September 10 protests still go ahead?

“Definitely,” says Andrew W M Smith, historian of Modern France at Queen Mary University, London. “If the government falls on September 8, then on September 10 people will feel that the streets are where politics needs to be done. The protests will be even more emboldened because of the reality of an apparent political crisis.”

'Feeling left behind'

On a website created for the movement, which has since been removed, the collective listed a wide range of demands including massive reinvestment in public services, an end to job cuts, and for all public holidays to be maintained.

But the government is not the only target for the organisers’ discontent.

Recommended forms of protest include boycotting major retailers such as Carrefour, Amazon and Auchan, withdrawing money from major banks and the “peaceful occupation of symbolic locations” such as local government administrative buildings and town halls.

A social media post linked to the movement viewed more than 1.5 million times calls on supporters to help “stop the machine” that is crushing “worn out, invisible” citizens.

Old 09-06-2025 | 11:19 AM
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Do you guys actually travel to Europe much? I do. Things are going well enough, there is always ebb & flow I'd say some doomsday'ing going on here.

To Rick's point, Muslims are not even 7% of the UK. Much of the UK is still focused on NHS, Brexit, housing etc. Just like here, the populist sentiment and easy out is to blame the immigrants. It's a tired trope and even as an ardent atheist who can agree that non-secular values are bad it's just a dog whistle.

France will always be up in some state of upheaval, it's in their DNA. I was at the Yellow Vest protests in 2019, saw things get burned. It's France. C'est la vie.

Fact is, renewables are cheaper than traditional energy these days and many of Europe's residents watching their lands burn (yet again) this summer are hopefully keen on not reversing trends.
Old 09-06-2025 | 11:36 AM
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Originally Posted by velosnow
To Rick's point, Muslims are not even 7% of the UK. Much of the UK is still focused on NHS,
If you brought in a population equal to 7% of the US population and aligned them solidly with one political wing here, would it swing elections? Would that tail then be in a position to wag the dog?

And it's a hell of a lot more than 7% in some areas. Like London.

Denying that the problems even exist was so last year.


Originally Posted by velosnow
France will always be up in some state of upheaval, it's in their DNA. I was at the Yellow Vest protests in 2019, saw things get burned. It's France. C'est la vie.
Yes that's true.

Originally Posted by velosnow
Fact is, renewables are cheaper than traditional energy these days and many of Europe's residents watching their lands burn (yet again) this summer are hopefully keen on not reversing trends.
Renewables are not cheaper in practice. Most especially if you take out government subsidies and penalties.

They might be cheaper some day, if petro prices rise enough and the grids get re-engineered from the ground up to accommodate all of the quirks of renewables.

Actually nuclear would be cheaper, safer, and more reliable than all the rest of it put together but apparently humanity is collectively too stupid to allow politicians to go there. I'll give the slightest crap about global warming the day after they get serious about nuclear grid power
Old 09-06-2025 | 11:37 AM
  #20  
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Originally Posted by velosnow
Do you guys actually travel to Europe much? I do. Things are going well enough, there is always ebb & flow I'd say some doomsday'ing going on here.

To Rick's point, Muslims are not even 7% of the UK. Much of the UK is still focused on NHS, Brexit, housing etc. Just like here, the populist sentiment and easy out is to blame the immigrants. It's a tired trope and even as an ardent atheist who can agree that non-secular values are bad it's just a dog whistle.

France will always be up in some state of upheaval, it's in their DNA. I was at the Yellow Vest protests in 2019, saw things get burned. It's France. C'est la vie.

Fact is, renewables are cheaper than traditional energy these days and many of Europe's residents watching their lands burn (yet again) this summer are hopefully keen on not reversing trends.
Not “doomsaying” so much as just acknowledging the dysfunction. Granted, some of it - that’s just France, but for 80 years the US has been a moderating influence by pouring a huge amount of resources into Europe. With more attention (and money) going to concerns in the Pacific region, Europe is losing some of that moderating influence. Do I think France, Germany, Spain, or the U.K. is going to dissolve into chaos? No. But they appear to be becoming increasingly dysfunctional and the mega trends aren’t looking good for them.

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