"Krone" guest commentary

Stunned

Christian Baha is a stock market expert and founded Austria's first stock exchange terminal in 1993, which supplies data in real time. In 1996, he established the world's first hedge fund for private investors. Baha has always pursued the vision of making funds for wealthy individuals accessible to smaller investors.

(Bild: Krone KREATIV/stock.adobe.com)

"Necessary corrections to a policy that has been misguided for years." This is what the White House calls the most radical U-turn ever made by a superpower. Donald Trump summoned the Ukrainian president, who had previously been spoiled with kindnesses, to the White House and made it clear to him that he expected a peace deal in return for the 120 billion dollars in US aid to date. When Volodimir Zelensky rebelled, he was thrown out like a clueless schoolboy. Now Zelenskij has apologized to Trump. The US president makes tangible deals instead of complicated politics. Anyone who doesn't accept that has nothing to laugh about.

Europe's leaders stand by, stunned, and do what they do best: Debt. However, it would be difficult to take on new liabilities within the framework of existing laws. That is why the rules were changed at the EU summit. Expenditure on rearmament has been excluded from the debt - which is tantamount to open self-deception! EU states are to invest an additional 800 billion euros, more than three times Austria's budget, in war equipment.

In fact, this EU armaments fund will not only burden us for generations - it is also difficult to reconcile with our neutrality. It is only worth mentioning in passing that Poland's head of government is getting excited that Europe must win the arms race. While France's president would prefer to station his nuclear missiles throughout Europe.