Europe is slowly waking up out of its slump. After 35 years of increasing the welfare state while enjoying US Inc. protection Trump came in and a single speech by his VP changed the situation forever.
We all saw the tears of European leaders followed by hilarious amount of inconsequential summits. But now, finally, we may have something from the geriatric bureaucracy of the European Union.
On Wednesday, the European Commission has published the White Paper for European Defense and the ReArm Europe Plan/Readiness 2030. No catchy abbreviation this time, but the 23-page proposal outlines geopolitical context and key strategic initiatives for the next 5 years.
Considering it’s the first consequential output from EU, it is necessary to review it as it indicates where the colossal bureaucratic machine is turning its wheels towards.
I’ve read it all so you don’t have to and today I will present a comprehensive review along with my take on how this new direction will impact key geopolitical events moving forward. I believe that this White Paper is more than just empty words so at the end of this article I will also give updates on a few prediction markets positions that are impacted the most by this proposal.
Buckle up, subscribe below and enjoy my translation of legalese into an actual action plan!
Intro
Today I will cover it all. If you want a summary, you can just ask Grok. But LLMs won’t give you insight. And there is plenty to uncover - I will go one by one, diving into:
Geopolitical context and structural issues as set out by the European Commission
Internal strategic focus
External strategic focus
Military production
Financing
Partnerships
Overall judgment
Prediction markets update
Keep reading with a 7-day free trial
Subscribe to PROPHET NOTES to keep reading this post and get 7 days of free access to the full post archives.