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Home»Economic News»The Wolf-Krugman Exchange: America vs. the world
Economic News

The Wolf-Krugman Exchange: America vs. the world

December 10, 2025No Comments1 Min Read
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The recent release of the new national security strategy by the US has raised concerns for Europe. The document criticized Europe for undermining political liberty and sovereignty, shifted focus away from the threat posed by Russia, redefined America’s competition with China, and prioritized influence over the western hemisphere. In this episode, FT’s chief economics commentator Martin Wolf and Nobel laureate Paul Krugman delve into the implications of this new US strategy. How should Europe respond to this significant shift from its longstanding ally? And is Trump inadvertently strengthening China’s global position?

For any questions for Martin and Paul, please email economics.show@ft.com.

Don’t forget to subscribe and listen to The Economics Show on Apple Podcasts, Spotify, Pocket Casts, or your preferred podcast platform.

Read Martin’s latest column here.

Subscribe to Paul’s Substack newsletter here.

Check out Paul’s cultural coda here.

Explore Martin’s cultural coda here.

Produced by Mischa Frankl-Duval. Manuela Saragosa serves as the executive producer. Video editing by Tom Hannen. Sound design by Breen Turner. Original music composed by Breen Turner.

Access the full transcript of this episode on FT.com

Consult our accessibility guide for assistance.

America exchange WolfKrugman World
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