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Could the European Recovery Plan Actually Break Europe Apart?
The EU’s Recovery Plan agreement has been widely hailed, but some argue that it is taking Europe down a dangerous path.
Updated Sep 14, 2021, 9:35 a.m. Published Jul 24, 2020, 7:00 p.m.
The European Union’s Recovery Plan agreement has been widely hailed, but some argue it is taking Europe down a dangerous path.
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This episode is sponsored by Bitstamp and Crypto.com.
Today on the Brief:
- Which industries are recovering the best
- China retaliates against U.S. after consulate shutdown
- Dollar heads toward its worst month since 2018
See also: What If the Too-Strong Dollar Is a Solved Problem? Feat. Jon Turek
Our main discussion features returning guest Tuomas Malinen, CEO of GnS Economics.
In this discussion, Tuomas and NLW discuss:
- An outline of the European Union’s new recovery plan
- The new debt issuance structure that marks a first for Europe
- The challenges of currency unions
- How Europe’s debt crisis changed how Europeans think about economic integration
- Why the current plan amounts to “stealth federalization”
- Why some member states are in a state of mutiny over the fund
Find our guest online:
Website: GnS Economics
Twitter: @mtmalinen
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
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