Geopolitical & financial threats: 'US is extremely unreliable as core of European monetary system'

Jens van ’t Klooster, Professor of Political Economic system on the College of Amsterdam, warns that the EU should craft a robust long-term financial technique to problem the US immediately. He argues Europe has been overly dependent and unassertive in its transatlantic financial technique for many years. Criticizing Trump’s use of sanctions and tariffs as thinly veiled “extortion,” he concludes the US is now “extremely unreliable because the core of the European monetary system.” Van ’t Klooster can be a Visiting Fellow on the LSE Grantham Analysis Institute.



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