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Evolving Global Crisis
The heated exchange between President Zelenskyy and Trump in the Oval Office highlights an evolving global crisis that extends beyond recent events. Europe is gambling with the specter of World War 3 to divert attention from the impending economic collapse of the poorly designed European Union (EU). In essence, Europe needs a significant distraction to blame external enemies and maintain power. Trump's assertion that “either you make a deal, or we're out” suggests that the Administration anticipated the confrontation.
It wasn't long after Zelenskyy left the White House, the orchestrated (???) tweets of support came pouring-in from Europe.
The UK almost immediately signed a 100-year agreement to support Ukraine, and will be provided £3B a year until 2031. The end date of 2031 is likely no accident, as anyone watching the Commodities & Energy Report would quickly recognize.
European leaders are suddenly calling for increased defense spending and a European army.
Why? The invisible hand is coming for debt and the global economy. It will start in the periphery economies, and slowly move to the core. Germany, in particular, needs a distraction, and fast.
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