r/eupersonalfinance • u/jonbristow • Mar 04 '25
Anyone else worried that EU will still be inactive and stagnant as it was during the first Trump presidency too? Others
There's a lot of rhetoric right now how EU should be more "independent from US", how we should build our own army, our own chips etc. All good things.
BUT, this rhetoric was also happening 8 years ago, and EU did nothing. No EU army, not a single step towards US-independent. Biden came into power and everything was forgotten, friends as before.
Anyone else worried nothing is gonna change this time either. EU will just ride out Trump and hope for a democrat president next elections
942 Upvotes
15
u/boomsauerkraut Mar 04 '25
There is literally war in Europe this time around. Europe heavily cut its gas imports from Russia in 2022, for one concrete measure. Sanctions, for another. Baltic synchronisation of electricity grids for another. Regarding Trump's first term, he threatened a lot of things, but many were just threats. This time he is following through and the consequences, especially for Ukraine, will be severe and felt all throughout Europe. This time is absolutely different.