Europe

The idea is that you don't need efficient energy if you're not trying to be competitive. And what is the only industry that will always be subsidized by the state no matter how uncompetitive it is? Military. That is what the EU is banking on. Deindustrialize everything else and replace it with military production. The way this will be financed is by destroying European welfare systems and of course the Ponzi scheme of expanding the Eurozone. That is why they rushed Bulgaria into adopting the Euro, why they'll do the same to Hungary and Romania (to the immense detriment of these countries) and why they are obsessed with absorbing every European country into the EU. In the meantime they will bend the knee to everything the US wants and will accept any humiliation as long as it keeps American military power in Europe, because they are scared shitless of losing the Americans.