Donald Trump's controversial initiative to end the war in Ukraine has reignited the longstanding issue of how Europe can fend for itself. And what would that mean for the continent economically and financially?
>What would it cost Europe to defend itself without the US? Not that much, Europe isn’t really worried about China. Europe is good at negotiating with the Middle East. Russia proved to be a paper tiger, much of its equipment is outdated.
Agreed. It doesn’t seem as obvious as many assume at first glance. Though there are some other points of concern:
Taking a consistently unified stand would probably be the biggest thing.
And the possibility of it turning into a complicated regional cold war with the likes of Hungary and maybe Serbia being untrustworthy with information and needing to be monitored or sanctioned.
A third (more minor) concern might be natural resource contains for Europe constructing weaponry. That might be why they have been leaning into trade deals with India recently.
>What would it cost Europe to defend itself without the US? Not that much, Europe isn’t really worried about China. Europe is good at negotiating with the Middle East. Russia proved to be a paper tiger, much of its equipment is outdated.
Agreed. It doesn’t seem as obvious as many assume at first glance. Though there are some other points of concern:
Taking a consistently unified stand would probably be the biggest thing.
And the possibility of it turning into a complicated regional cold war with the likes of Hungary and maybe Serbia being untrustworthy with information and needing to be monitored or sanctioned.
A third (more minor) concern might be natural resource contains for Europe constructing weaponry. That might be why they have been leaning into trade deals with India recently.