...a Trump presidency would likely mean EU would have to stump up more on Europe's defence and to support Ukraine.
...JD Vance, Trump's nominated VP is amongst the most anti-Ukraine voices in GOP.
...no more American money for Ukraine = EU having to re-channel more money into Europe's defences, therefore less money for everything else.
....EU is at the crossroads, on the one hand being 'ditched' by Trump, and on the hand picking a 'fight' with China (over tariffs).
....there could be a 2025 EU crisis if Trump is elected.
GS: Trump’s re-election would pose a significant downside risk to our otherwise constructive growth forecast for the Euro area.
https://x.com/MikeZaccardi/status/1812788992946979115
Its Over, page-22832
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