The likely need for increased European public investment in defense should come with substantial reallocations of public budgets at the national and EU levels.
Greater use of joint EU-level procurement of military equipment and defense research/innovation would promote substantially enhanced capacity in Europe's defense industry.
Increased defense spending would deliver a measurable boost to economic growth in Europe over the next five years.
Doubling existing tariffs on imports from China of critical production components in solar energy manufacturing will provide a substantial boost to employment in the domestic 'cleantech' sector over the next five years.
Disruptions to global supply chains from new tariffs and trade wars will lead to measurably slower global growth over the next five years.
