David Marsh on Peak Trump and Europe's Future - Can it Survive a New Crisis?

In this episode of Reinvent Money, Paul Buitink sits down with David Marsh, co-founder and Chairman of the Official Monetary and Financial Institutions Forum (OMFIF) and author of Can Europe Survive? – The Story of a Continent in a Fractured World.They discuss the future of Europe in a rapidly changing global order, including:- Whether Europe can survive without deeper integration or by embracing “variable geometry” and pragmatic federalism- Relations with the US, China and Russia in the post-Trump era- Europe’s mounting economic challenges: debt levels, pension systems, welfare state reform, and ECB policy- The risks and realities of a transfer union, including the risk for Dutch pension holders- Political developments and the need for realism over idealismDavid Marsh brings decades of insight into monetary affairs and European politics, offering a sober, experienced perspective on whether the continent can adapt to a more fragmented and competitive world.Find more info about OMFIF here:https://www.omfif.org/Get David's book here:https://www.omfif.org/2025/09/can-europe-survive-lessons-from-a-fractured-continent/Follow Paul on X here:https://x.com/paulbuitinkTimestamps:0:00 Intro2:22 Definition of Europe5:40 Variable geometry, finding the right alliances9:35 Europe as a playball between the US, Russia and China17:06 Economic and monetary challenges of Europe27:44 How to deal with the high debt load in the eurozone37:41 Democratic deficit and the resulting rise of populism41:14 The prospects of Great Britain43:50 Can Europe unite and reverse previous bad policies?48:51 Outro