Europe between the superpowers: Is Germany's future in jeopardy?

Ray Dalio, investor and founder of hedge fund Bridgewater, recently expressed concerns about Europe's economic future. He warned that Europe could become a plaything for superpowers, namely the USA, China and Russia. Despite solid finances, Dalio sees Germany in danger of losing its global status due to a lack of necessary reforms and the country's hierarchical structures restricting innovation.

In this context, US President Donald Trump is planning further tariffs on China, which could also affect Europe. Trump has already imposed tariffs of 25 percent on aluminum and steel, which is weighing on the European economy. The ongoing dispute between the US and China could lead to a new world order in which Europe may be left out. Dalio also expressed concern about the U.S. national debt, which currently stands at 127 percent of gross domestic product. He predicts the U.S. could be bankrupt in about three years, depending on various factors. The World Bank Association (IIF) estimates that the US national debt will rise to $130 trillion by 2028, driven by high interest expenses and fixed budget spending.

Reactions in the European Parliament