The EU’s Recovery Plan agreement has been widely hailed, but some argue that it is taking Europe down a dangerous path.
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
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
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