Does Europe Have the Financial Firepower to Stand Up to Trump?
· 40 min · Episode 204
Episode Does Europe Have the Financial Firepower to Stand Up to Trump?
President Trump is threatening tariffs on eight NATO allies to force a deal on Greenland. Europe says it isn’t for sale. So what happens when an immovable object meets an unpredictable force? Tit-for-tat counter-tariffs, an untested “trade bazooka,” or the nuclear option: leveraging $8 trillion in US assets.
And in today’s Dumb Question of the Week: Can a Treasury auction fail?
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