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I have takes alright. I know someone at WEF and was getting minute by minute updates on leaders storming out and heated water cooler discussions. Stayed up the whole night watching this mess. Worth it.
High level : I am upgrading "Don't put the devil on the wall" to a tier 1 quote. Trump's anxieties and reckless tantrums are creating the very conditions that the US is trying to delay.
I don't have one takeaway, but a few unconnected thoughts.
Trump's cabinet doesn't have a ounce of Trump's charisma. Even at his most nasty, Trump is funny, likeable and selectively cruel. Trump's cabinet wields the same sledgehammer but reeks of resentment. I believe more than Trump, Europe is uniquely disgusted by his cabinet. The list of likeable cabinet members starts and ends with Rubio. Trump can see this, and Rubio has clearly been elevated to his 2nd in command in public appearances. I believe JD's absence was not a coincidence.
Going into 2025, MAGA kneecapped ascendant right-wing movements in Canada, UK and France. As a result, Trump is now negotiating with maximally adversarial partners in Carney, Starmer and Macron. US-Canada relations appear to have taken the largest hit. In trying to secure trade-routes in the distant North, Trump may have opened the salient opening across its entire Northern frontier.
Western globalists spoke with clarity. First time for everything. To collectively articulate the end of Pax-Americana is a big deal. Words need to be backed with actions, but these are words we haven't heard spoken before. Discussions around Europe's lack of NATO funding, existing as a vassal state, disinvestment from the US & reverse technology transfer were anomalously candid.
India finally gets a break. Trump 2 and Ukraine-sanctions left India on a weird island by itself. Turns out, when Europe was looking for an uncontroversial partner, being unhyphenated was a perk. To match US and China, it makes sense for Europe to strike a deal with India. Back-channel oil deals have been active for a while. But the the public and enthusiastic association with India will feel new to India, especially Modi's India.
I don't buy the China partnership narrative. EU's remaining industry is under grave threat from China. Canada can't onshore Chinese technology this close to the US border. The US will intervene. Appeals to China felt like boogeyman narratives meant to spook the US. That being said, if Donroe stays entangled in the Atlantic, then China may pounce on Taiwan and the conflict may end with a whimper.
I am bullish on France. In the absence of NATO, it will become the de-facto leader of the EU. They have healthy fertility rates, nukes, state capacity for large infrastructure (HSR, nuclear plants), native entertainment industry and independent full-spectrum military. Macron may get kicked out soon, but ngl, the sunglasses were cool.
Verily! As with his 1st term, I remain convinced Trump is a Chinese agent. His every single action but strengthens China and weakens the US (while of course grandstanding otherwise.)
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