The Indicator from Planet Money Can Europe stand without the US?
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Mar 26, 2025 Tensions between the U.S. and Europe are rising, leading Europe to seek military independence. European leaders are ramping up defense spending significantly in response to changing dynamics. With a goal of $866 billion in military production, Europe faces both economic opportunities and several challenges. The podcast delves into Europe's supply chain issues and dependency on U.S. support. Strategic investments and collaboration among nations are essential for overcoming these hurdles as Europe navigates a shifting global landscape.
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Leaked Texts and NATO
- Leaked texts revealed U.S. officials' disdain for European defense reliance.
- This disdain, combined with Trump's questioning of NATO commitments, spurred Europe's decoupling efforts.
Shifting US Commitment
- Despite past U.S. calls for increased European defense spending, NATO's Article 5 remained a cornerstone.
- Trump's questioning of this commitment marked a turning point in the transatlantic relationship.
European Response Post 9/11
- Bronislav Slanchev highlights Europe's response after 9/11.
- European nations, including France, provided military support and suffered casualties in Afghanistan.