by Mish Shedlock, Mish Talk:
Trump is likely to deliver a quick end to the war, as promised. Europe gets the message, Biden doesn’t. And Lindsey Graham now looks like a fool.
Growing Acceptance in Europe
The Wall Street Journal reports Trump’s Push for Ukraine Peace Finds Growing Acceptance in Europe
President-elect Donald Trump’s push for peace negotiations between Russia and Ukraine is finding growing acceptance in Europe as one of the biggest aerial bombardments of the war added to growing concern about Ukraine’s ability to withstand mounting Russian attacks.
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The increased alignment between Europe and the Trump administration over the openness for talks is a sharp turnaround from even six months ago. Back then, European officials looked in dread at the Trump team’s pledge to end the war with swift negotiations amid fears that the former president would cut a deal with the Kremlin at Ukraine’s expense.
The big question that remains is how Trump will proceed—and whether Putin will engage in good faith negotiations. His advisers have come up with various plans, all of them significantly breaking from the Biden administration’s “as long as it takes” approach. The proposals, if adopted into a final Ukraine-Russia deal, could require Ukraine to refrain from joining the North Atlantic Treaty Organization for 20 years while it accepts more weapons to deter a renewed Russian invasion.
While the current German government has made clear that it opposes Ukraine’s entry into NATO in coming years, it is unclear if other European allies would go along with that, however, even if they agree that there is a need to start end-of-war talks.
Europe Has Two Choices
- Choice One: Go along with Trump
- Choice Two: Take over from the US all the military aid the US is providing and keep providing its share as well, continually losing Ukrainian ground in the process.
Let me reframe that. Europe has one choice, and Trump made it easy.
Europe’s budget deficits are a total disaster, especially France.
European governments may say one thing publicly, but privately they will be relieved to be able to stop funding this disaster.
