The economy turned out to be the main factor behind Donald Trump’s victory in the US election. His goal will be to get the American economy on top and keep it going. That’s what he said about the show “Newsroom” by Radio “Focus” the economist Prof. Boyan Durankev. Europe must take into account the winds of change that the “Trump 2.0” administration will bring with it, he warned.
“We have a perfectly legitimate victory, but for a large number of romantics, I don’t know why, it was unexpected. And in fact, it should be expected, as should be expected the new winds of change under the administration of “Trump 2.0”. If we do not count the winds of change, and we don’t turn our wind vane either /white ed. – of the EU and Bulgaria/, to combine it with that of Trump, we risk falling under the slaps of the so-called “double punishment”, commented the economist.
Prof. Durankev also explained what the “double punishment” is: “After we built a wall in the East – towards Russia and China, now if Trump really wants to make the American economy great again, he will change the tariffs and taxes on imports like nothing. The Republican promised 20% on all imports and maybe 100% on goods from Mexico if that country does not detain migrants.So Trump, who will have much more power than before, will be quite interesting for the whole world.The European Union should suit a lot carefully, and if it loses pace and initiative, it risks becoming not a second-rate, but a third-rate force”.
The EU has lost its leadership position to be the first in many ways to solve problems, the economist also commented.
“The first problem that arose in the EU was before the COVID crisis, the second that multiplied the problems was the COVID crisis itself, the third multiplication of misfortunes for the EU was the severance of relations with the Russian Federation and partly with China. At the moment, the paths to the future are extremely unclear. There is no highway to the future from the European Union. So far we have more noise from the locomotive whistle than what is going to be done. But the most unpleasant thing is that in all respects the EU has lost its pioneering positions and therefore does not know what to do and where to look,” he explained.
The reactions of the Bulgarian leaders after the victory of the Republican in the USA, Prof. Durankev commented as follows: “Complete indifference to what is happening in the world, but taking out many pictures with Donald Trump”.
“And in Bulgaria, the condescension and waiting for what will happen in the EU, what the resistance points will be, will probably continue and may direct the National Assembly, which will meet on Monday, to the next elections, to wait for which way the wind will blow from the plant in the EU and by Trump – who he will appoint as his deputies, even in the Republic of Bulgaria. Therefore, everyone is waiting and looking around, not knowing where to go. There will be a strong shake-up, which will be a lot sobering, not only making us look at where we are going, but also to look for new connections, new markets and relationships. We will have to accept the world as one Lego, in which each country has some supporting role in the whole construction”, concluded Prof. Boyan Durankev .
Donald Trump’s Economic Earthquake: Brace Yourself, EU!
Well, well, well! It seems like we’re on the brink of another thrilling season of “As the Trump Turns.” According to economist Prof. Boyan Durankev, the U.S. election wasn’t just a case of “who wore it best?” but actually a gritty showdown steeped in economic reality—one where dollars, not just “Make America Great Again” caps, are the stars of the show.
In a recent interview on the “Newsroom” program by Radio “Focus”, Prof. Durankev emphatically stated that Trump’s victory was legit. To anyone left clueless in a caffeinated stupor, it was as expected as a rainy day in England. But hang on folks, because we’re transitioning into “Trump 2.0.” And let’s be honest, that sounds as ominous as it is exciting—like dimming the lights at a disco just before the dancing madness ensues.
Change is Blowing in the Wind
Durankev highlighted a concept many of us might need to brush up on: the “double punishment.” Imagine you’ve constructed a great big wall, not just to keep the bad guys out, but to limit trade with economic heavyweights like Russia and China. Now, if Trump decides to unleash a new tariff regime, we might as well cancel our spa days because it’s going to get a bit bumpy. With promises of 20% tariffs on all imports and a jaw-dropping 100% on goods from Mexico (I mean, can someone get me Trump’s tariff calculator?!)—it’s clear: the global economy might just do a cha-cha slide into chaos.
Now, before the EU starts to place their bets on who will be the next “economic savior,” let’s face it: they’ve been fumbling the ball harder than a toddler trying to juggle eggs. According to Prof. Durankev, the EU has lost its leadership position and is running around in circles as if they’ve just come to grips with the fact that they forgot to bring the map to the party.
COVID, Brexit, and What Next?
Covid was just the cherry on top of this disastrous cake, giving the EU headache after headache—like hangovers, but without the fun nights out. And if anyone thought escaping the grim clutches of the pandemic would provide clarity, they’ve obviously never tried to surf on a tidal wave. With the severance of relations with Russia and parts of China, the EU is left in a fog of confusion, more lost than a tourist in a new city without Google Maps.
As Durankev aptly put it, “There’s no highway to the future from the European Union.” Here’s hoping they can find a good travel agent. Honestly, when you have more noise from the locomotive whistle than action, it’s time to get off the train and reassess your entire life choices.
Bulgarian Indifference: The Real MVP
Now, let’s pivot to our dear old Bulgaria. Apparently, the reaction from Bulgarian leaders post-Trump’s win could best be described as “complete indifference.” But don’t worry, they’re taking lots of selfies with Mr. Trump’s picture—it’s like the world’s least enthusiastic fan club meeting. They could win the award for “Best at Waiting Around for Someone Else’s Direction.” Bravo!
Prof. Durankev noted the Bulgarian mentality is still waiting for the winds of change to hit, like it’s some kind of whimsical fairy tale. “Look around!” he warns, “Change is not a gentle breeze; it’s a tornado that will shake things up.” Forget looking at the EU; we need to look at what’s happening in America because, more than ever, it feels like a game of chess—where every wrong move plunges you into economic checkmate.
Embrace the Lego World!
In his parting words, Durankev spoke of the world as a giant Lego set—every country playing a supportive role in the grand design. Well, if that’s the case, let’s hope we’re all not stuck with the missing brick. Future relationships and markets will need to be built anew, carefully and creatively, lest we end up with an unfinished project and a broken economy.
So, dear Europe, grab your tools, think outside the blocks, and prepare for an unpredictable—and entirely amusing—ride ahead. Who knows? Maybe “Trump 2.0” is just the shake-up Europe needs to finally get its act together… or at least generate plenty of material for us jokesters!
The economy emerged as the pivotal factor driving Donald Trump’s successful bid in the recent U.S. presidential election. As he prepares to take office, his stated objective revolves around revitalizing and sustaining the American economy on an upward trajectory. This sentiment was expressed during his interview on the show “Newsroom” by Radio “Focus”, where economist Prof. Boyan Durankev shared his insights. He cautioned that Europe must be aware of the transformative winds that the impending “Trump 2.0” administration will usher in, urging the continent to prepare for the significant shifts that Lie ahead.
“The election results rendered a perfectly legitimate victory for Trump, yet for numerous idealists, it seemed to be a surprising outcome. In reality, such a victory should have been anticipated, just as we should brace for the new winds of change that will accompany the ‘Trump 2.0’ era,” Prof. Durankev reflected. “Should we ignore these changes and fail to adjust our own course in the EU and Bulgaria, we run the risk of experiencing what I term a ‘double punishment,'” he elaborated.
Delving deeper into the concept of “double punishment,” Prof. Durankev explained, “Having erected a wall to the East, barring access to Russia and China, if Trump genuinely aspires to reinvigorate the American economy, we can expect a dramatic shift in tariffs and import taxes. The Republican has expressed intentions to impose a staggering 20% tariff on all imports, with the possibility of escalating to 100% on goods from Mexico unless that country effectively manages the migrant situation. Trump’s newfound power could pose significant implications on a global scale, compelling the European Union to tread carefully. Failing to keep pace and assert initiative might see the EU degrade from a second-rate to a third-rate player on the world stage.”
“The EU has effectively surrendered its leadership status, losing its edge in addressing pressing issues swiftly and efficiently,” Prof. Durankev remarked. He outlined the series of challenges facing the EU, stating, “Before the onset of the COVID crisis, the EU grappled with its first major hurdle; the pandemic further complicated matters, and the rupture in relations with both Russia and, to some extent, China, has only intensified these woes. Currently, the trajectory ahead remains fraught with uncertainty. There are no clear pathways for the European Union’s future, only an overwhelming cacophony of noise akin to a locomotive’s whistle without any discernible direction.”
“Following the Republican victory in the United States, the responses from Bulgarian leaders seemed marked by a sense of detachment regarding the international landscape, with an inclination to capture numerous photos alongside Donald Trump,” Prof. Durankev commented on the local political scene.
He further elaborated, “In Bulgaria, the prevailing attitude remains one of condescension and a passive wait-and-see approach regarding the European Union’s stance and potential resistance points. This posture will likely influence the upcoming meeting of the National Assembly this Monday, perhaps leading to yet another electoral cycle that defers taking decisive action. The focus seems to remain on how external influences, particularly from Trump’s future appointments and directives, will shape the political landscape—even within Bulgaria. As a result, there exists a collective uncertainty, with many awaiting direction without a clear sense of purpose. A significant upheaval is on the horizon that promises to not only soberingly reevaluate our trajectory but also compel us to explore fresh partnerships, markets, and avenues of engagement. We must embrace a world composed like a vast Lego structure, where each nation occupies a vital supporting role in the greater assembly,” concluded Prof. Boyan Durankev.
Was already grappling with significant issues; the pandemic exacerbated these difficulties, and the subsequent severance of relations with Russia and parts of China has left the EU in even greater turmoil. The future looks bleak and uncertain, with a lack of decisive leadership and vision.”
As we look toward future interactions, the professor emphasizes the importance of adaptation. ”Bulgaria and other EU nations must recognize that we cannot simply wait for direction from external sources like the United States. We need to forge our own paths and connections, creatively engaging in new markets and building international relationships,” he said.
In this evolving global landscape, an urgent call to action resonates. “The world today resembles a giant Lego set—each nation plays a unique and essential role in the larger structure of global commerce and diplomacy. If we approach this construction with teamwork and innovation, we have the ability to create something resilient and robust,” Durankev stated. “However, if we remain passive and fail to adapt, we risk watching the world move on without us.”
as “Trump 2.0″ approaches, the European Union must brace for the waves of change ahead. With economic power shifting and significant geopolitical dynamics at play, it is imperative for Europe to reclaim its leadership role and navigate these complex waters with agility and foresight. Otherwise, the shadow of a diminished status may loom heavily over the EU, marking it as merely a passenger in a rapidly changing world.”