00:00I mean Europe is essentially getting the message here from Washington that it has
00:05to stand on its own two feet. It's not a new message, they've heard it in not so
00:11many words in the first Trump presidency. Are they up to it? Not at the moment no
00:17and the Europeans have acknowledged that and I think everybody has acknowledged
00:23any dispassionate observer of the Europeans would say that to a certain
00:27extent the Europeans have have depended on the insurance policy which has been
00:35underwritten by the US both politically and military and that that is
00:40acknowledged that's a given and are the Europeans up for it? I think so when you
00:46see you with the the very strong resolve by for example these Scandinavian
00:52countries and the Germans their Parliament has authorized a complete and
00:58historic change to the country's borrowing rules so that they can
01:04invest in rearming and in their defense industry. The European Union has said
01:10that it will make available I think it's 800 billion euros over a period of time
01:15so the Europeans are stepping up to the plate now. It is going to take some
01:20time. Developing a defense capability isn't something that happens overnight.
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