Impacts of the 2008 Financial Crisis on Europe and Global Power Shifts

This chapter explores the repercussions of the 2008 financial crisis on Europe, examining its influence on power dynamics between the US, EU, and China. It delves into China's increased economic influence due to American debt holdings, resulting in a dual-power structure dominated by China and America. The narrative also touches on the shifting economic interactions post-2008, focusing on China's investments in the EU and the internal divisions within the European Union on international issues.