Independent Thinking Can Europe replace the US as a global power?
Mar 28, 2025
In a thought-provoking discussion, Creon Butler, Olivia O’Sullivan, and Nicolai von Ondarza explore whether Europe can step up as a global leader as the US's influence wanes. They tackle the complexities of European unity in economic strategies, illustrating the differing trade policies of member states like Germany and Hungary. The trio also delves into Europe's defense capabilities and the necessity for coordinated action amid geopolitical tensions. With Brexit impacting UK-EU relations, the conversation emphasizes the urgency for Europe to take on greater responsibility in leadership.
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Europe's Potential
- The US is withdrawing from its global economic leadership role, creating a vacuum.
- Europe, including the UK, is the only entity capable of filling this void and preserving the international economic system.
European Unity Challenges
- Europe's ability to act as one is hampered by internal divisions and differing national interests.
- Decision-making within the EU requires unanimity, making it susceptible to vetoes from individual countries like Hungary.
EU Economic Strength
- The EU, with 18% of global GDP and the euro as a potential reserve currency, has the economic size and governance for global leadership.
- This ability is enhanced if the UK and EU can find common ground, especially regarding preserving the existing economic architecture.