“The triple shock facing Europe’s economy”
I will summarise and it aligns with my recent and past articles.
- Europe’s economy has grown only 4% this decade, compared to 8% in America, and since 2022, neither it nor Britain has grown at all.
- Europe faces a surge of cheap imports from China, potentially harming manufacturers and increasing social and industrial strife. It already is. Particularly Germany.
- There’s a possibility of Donald Trump returning to the White House and imposing huge tariffs on Europe’s exports.
- Europe needs strong growth to fund defence spending and meet expensive green-energy goals amid dwindling American support for Ukraine. Defence is a big one. Particular with Trump’s view of NATO.
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