The Econoclasts

Why Europe can’t break free from the US


December 17, 2025
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This week, Yanis Varoufakis and Wolfgang Munchau take aim at two prevailing myths: the widespread belief that Greece’s recovery is a heartwarming success story—a model for debt-laden nations like Germany and the UK—and the soft center-left idea that the EU can “go it alone” and challenge the United States politically and economically. Is Greece’s success real, or just a financial illusion? And is a meaningful decoupling from a tariff-wielding America possible, or is the dream of a strategically independent Europe dead?


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One thought on “Why Europe can’t break free from the US

  1. How the Europeans can’t see that NOT welcoming Russia into the “European family” was calamitous is baffling.
    Perhaps they felt it wasn’t a democracy, whilst they themselves seem happy to trash democracy when it suits.
    Perhaps they needed a bogey man.
    Very enjoyable, thank you!

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