At the World Economic Forum (WEF), global leaders discussed the concept of “Trump-proofing” global economies, a task deemed “very difficult” by some.
During a panel titled “The Global Economic Outlook,” Bloomberg host Francine Lacqua raised the question of preparing for President Trump’s potential second term. David Rubenstein, co-founder of the Carlyle Group, humorously suggested that anyone with a solution should “patent it and probably sell it to somebody else,” acknowledging the challenge of such a task.
Europe’s strategy for possible Trump administration
Christian Lindner, Germany’s Federal Minister of Finance, advised Europe to enhance its competitiveness to prepare for Trump’s possible reelection.
He said, “Doing our homework is the best preparation for a possible second term of Donald Trump. And this includes our capabilities to defend ourselves.”
“Being an attractive partner on eye level, when it comes to the economic situation and when it comes to a fair burden sharing under the roof of NATO, is the best we can do to be in a good partnership with the United States.”
Lindner’s approach suggests focusing on internal strength and attractiveness to the U.S. as a strategy.
Christine Lagarde, ECB president’s take on economic defense
Christine Lagarde, the President of the European Central Bank, shared her views, stating, “The best defense, if that’s the way we want to look at it, is attack.”
“And to attack properly, you need to be strong at home. So, being strong means having a strong, deep market, having a real single market.”
Her comments echoed the sentiment of focusing on internal economic strength.
Rubenstein’s analysis of Trump’s political strength
Rubenstein also reflected on President Trump’s enduring popularity despite legal challenges.
“Despite being indicted four times, with 91 counts on various indictments, the former president’s popularity has not waned,” he said.
Rubenstein highlighted Trump’s strong chances of securing the Republican nomination early and potentially being the first Republican to be nominated thrice.
State voting patterns and Trump’s chances
Rubenstein discussed the voting patterns of the last two presidential elections, pointing out that 45 out of 50 states voted the same way in both polls, with only five states changing their vote.
He suggested that the outcome of a future election could hinge on these states, noting, “So, if everything will get down to those five states, and right now, if the election were held today, it would be difficult to see how Trump would lose that election today.”
“Right now, Donald Trump is ahead in all five of those states.”
Global order and impact of a Trump presidency
Yuval Noah Harari, an Israeli historian and author, spoke in a Jan. 11 interview about the potential impact of Trump’s reelection on the global order.
He expressed concern that a Trump presidency could be “the death blow to what remains of the global order.”
Harari highlighted Trump’s nationalistic approach, contrasting it with the previously established liberal global order.
Trump vows to fight ‘deep state’ as poll shows strong GOP support for 2024
President Trump, during a rally in Michigan, promised to oppose the deep state and globalists, aligning with his nationalistic stance.
A recent ABC News/Ipsos poll revealed that Trump enjoys substantial popularity among Republican-leaning voters, with 72 percent supporting him as the nominee for the 2024 presidential race, compared to 57 percent of Democrat-leaning respondents supporting President Biden.
Piers Morgan’s perspective on Trump’s resilience
TV personality Piers Morgan commented on Trump’s resilience in the face of legal challenges in a Jan. 20 interview with Fox.
“The polling for him has improved because even Republicans that don’t really like Donald Trump can see that there is a witch hunt element to all this, that the Democrats are trying to kill him off. But by doing so, they’re making him more popular. And Donald Trump can feel that.”
Morgan predicted Trump’s strong chances in the upcoming primaries and his potential to defeat Biden in a future election.