Discussion about this post

User's avatar
Simone Coppola's avatar

As an Italian, I’m curious about what people in Denmark think about the idea of spending 5% of GDP on defense, as agreed by NATO countries. Do you think it’s a good investment? Many Italians are doubtful.

From my perspective — as someone with a degree in economics — the real problem in Europe isn’t just how much we spend, but how we spend it. We don’t take full advantage of economies of scale, and there’s very little real cooperation between EU countries. Everyone wants to go their own way and stand out, but that mindset ends up hurting us — especially from an economic point of view.

Energy costs are another big issue. In Russia, for example, electricity is cheaper thanks to their access to raw materials and their use of nuclear energy. In Europe, we don’t have a unified strategy, and that makes everything more expensive and less efficient.

What’s the general feeling in Denmark about all this?

Expand full comment

No posts