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Odd Lots

We Just Saw Europe's Biggest Week in Decades

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.41.6K Ratings

🗓️ 7 March 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

This week was a busy one and some of the most interesting things that happened came out of Europe, where policymakers announced up to €800 billion of additional defense spending and an easing of Germany's stringent debt rules. All of this comes as Europe responds to tariff threats from the Trump administration, as well as worries that the Trans-Atlantic security alliance may be over. So how significant could these changes be? And what do they mean for things like the euro, the dollar, and the wider financial system? And what are the vibes in Germany like right now? On this episode, we speak with George Saravelos, head of currency research at Deutsche Bank, about this huge moment.

Read more:
EU Backs German Push to Look at Easing Fiscal Rules for Defense
Trump Hails Tariffs as US Economy Barrels Into Trade Wars

Odd Lots is coming to Washington, DC! Get your tickets for our Jones Act debate here.

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Transcript

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0:00.0

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0:08.7

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0:58.5

Hey, odd lots, listeners.

0:59.9

We're coming to D.C.

1:01.2

We're finally doing it, Joe.

1:02.5

It's going to be our first live show in Washington, D.C., our nation's capital.

1:07.3

It's also finally going to be the time where we actually talk about the Jones Act.

1:11.9

We've been talking about doing the Jones Act episode of Odd Lots for a long time, and it's become

1:17.6

this recurring joke that we've never done on. But we're going to do it in grand style,

1:21.8

because we're going to be doing it live in D.C., and it's actually going to be a debate.

...

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