Season 1 · Episode 491
Can the EU take on the US?
Could President Trump be the trigger for a United States of Europe?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
January 21, 202637m 17s
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Show Notes
This week Phil and Steve explore who would be hit hardest by a full‑blown US–EU trade war, and how the escalating Greenland dispute exposes Europe’s dependence on American defence and technology. They examine whether Europe could credibly build its own security architecture — from a eurozone‑funded army to a rapidly expanding domestic arms industry — and how tariff retaliation, energy costs, and the dominance of US big tech complicate the picture. With studies suggesting EU exports to the US could halve under 25% tariffs, and with Europe still buying billions in American weaponry each year, the discussion asks whether a strategic reset is inevitable, and what it would take for Europe to stand on its own economically, militarily, and digitally.
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