The MeidasTouch Podcast

Top World Leaders Finally Make Power Move Trump Feared Most!!

26 min
Apr 27, 2026about 1 month ago
Listen to Episode
Summary

The episode argues that world leaders are forming alliances against the United States and reducing dependence on American military and financial systems in response to Trump's foreign policy approach. European nations, Canada, and Ukraine are investing in independent defense capabilities, alternative financial infrastructure, and domestic weapons production while distancing themselves from U.S. leadership.

Insights
  • U.S. allies are actively building strategic autonomy through defense spending increases and reduced reliance on American weapons systems and technology platforms
  • Trump's threats toward allied nations (Greenland, Canada) and withdrawal of support are accelerating rather than slowing the formation of alternative international alliances
  • Ukraine has emerged as a de facto leader of the Western alliance, demonstrating advanced military capabilities that rival NATO members and attracting defense partnerships from Europe and the Middle East
  • European nations are establishing parallel financial and technological infrastructure (payments systems, software alternatives, energy independence) to reduce vulnerability to U.S. policy shifts
  • The cost of reduced allied cooperation will likely increase U.S. defense spending and reduce resources available for domestic priorities
Trends
European defense spending surge with shift toward indigenous weapons production and away from U.S. military suppliersDevelopment of alternative financial infrastructure independent of U.S.-dominated systems (SWIFT, Visa, MasterCard)Ukraine's emergence as a military innovation hub for drone and anti-drone technology with global export potentialNATO procurement shifting to non-U.S. suppliers (Swedish Saab aircraft replacing American E3 AWACS)European strategic autonomy initiatives including nuclear doctrine changes and gold reserve relocationsCanada reducing F-35 purchases and diversifying weapons procurement to Sweden, France, and South KoreaMiddle Eastern nations establishing defense partnerships with Ukraine for weapons procurementEuropean governments evaluating alternatives to American software and cloud infrastructure for national securityIncreased coordination among European nations to reduce individual dependence on U.S. security guaranteesRussia-Iran military cooperation expanding as U.S. isolates itself from allied support networks
Companies
Saab
Swedish defense manufacturer selected by NATO to replace U.S. E3 AWACS aircraft with newer E7 design
Bombardier
Canadian manufacturer partnering with Saab on NATO aircraft procurement replacing American systems
Visa
U.S. payment system that Europe is building alternatives to through European Payments Initiative
MasterCard
U.S. payment system that Europe is developing alternatives to for financial independence
SWIFT
U.S.-dominated financial platform that European institutions are seeking alternatives to
PayPal
U.S. financial platform that European governments are looking to replace with independent systems
People
Wab Kanu
Canadian provincial leader calling for release of Epstein files and defending Canada against Trump tariffs
Volodymyr Zelensky
Ukrainian leader positioned as de facto leader of free world, securing defense partnerships and EU funding
Fareed Zakaria
CNN analyst providing detailed analysis of European strategic autonomy and shift away from U.S. leadership
David French
NYT op-ed author analyzing consequences of Trump's threats to allies and Ukraine's emerging leadership role
Alexander Stubb
Finnish leader stating Europe now needs Ukraine more than Ukraine needs Europe, praising Ukrainian military
Daniel DePetris
Conservative publication writer noting Europe has reached tipping point with Trump's treatment of allies
Peter Magyar
New Hungarian PM whose election removes Orban's veto on EU's $90 billion support loan to Ukraine
Arag Chiavaron
Iranian official visiting Russia to meet Putin and Lavrov, strengthening Russia-Iran military alliance
Donald Trump
Primary subject of episode analysis regarding foreign policy approach and impact on international alliances
Quotes
"if we're in a game of talking trash, then why doesn't Trump release the Epstein files? What is he hiding if they release the Epstein files? And maybe we'll put the American booze back on the shelves."
Wab Kanu, Premier of ManitobaEarly in episode
"Europe is collectively the world's second largest economy with the second most widely used reserve currency. Its actions matter."
Fareed ZakariaMid-episode
"once you threaten to invade an allied country, you don't just place the existence of the alliance in jeopardy. You raise the possibility of allies turning into mortal enemies."
David French, New York TimesMid-episode
"we in Europe now realize we need Ukraine more than Ukraine needs us"
Alexander Stubb, President of FinlandLate in episode
"in the past four months, Ukraine has killed or wounded between 30 to 35,000 Russian soldiers per month. they have done so 95% with drones at a ratio of one Ukrainian dead to five Russians dead."
Alexander Stubb, President of FinlandLate in episode
Full Transcript
World leaders are unleashing on Donald Trump. They smell blood, they smell weakness, and they are showing no sympathy. I'll show you what's going on in Canada. I'll show you what's going on in Europe. I'll show you what's going on in the rest of the world right now. Just give you an example right here. The premier from Manitoba, Wab Kanu, he just gave a powerful interview on Canadian broadcast TV. And he was out there saying, you know what, Donald Trump, release those damn Epstein files. That's what we should be talking about as Donald Trump threatens us in Canada. Here, play this clip. Well, I think we should demand the release of the Epstein files. Donald Trump clearly doesn't like them. He always does something pretty wild anytime the Epstein files come up. So I'm just floating this as an idea to put the Americans on the back foot, the American administration anyways, let's demand the release of the Epstein files. Something tells me that they won't be talking a lot of tough talk about our country if we put the conversation there. More from Canu right here as Donald Trump and his regime are whining about Canada not buying alcohol from the United States. Here's what Wab Kanu, premier of Manitoba, has to say. Play this clip. You have an erratic president who's fully pot committed to a terrible trade policy. And now the prime minister of our country has to find a path forward to protecting our economy and growing our jobs while also being mindful of a very, very sensitive ego in the White House office. And so, you know, the prime minister has my support. First and foremost, this is about Manitoba jobs. And when Americans threaten our jobs with tariffs, we're going to send that message. We're not going to sell your your alcohol. And we're sorry if that harms hardworking Americans out there. But you know what to do when it comes time to vote in the midterms or comes time to vote for president again, you know, throw the bums out as the saying used to go. And finally, he reiterates one more time. You're going to talk about the 51st state. You're going to try to talk crap about Canada. We're going to keep on bringing up the Epstein files. Donald, let's play this clip. Oh, well, what is what was the 51st state talk or the Greenland talk? Right. It's just made up bluster. So if we're in a game of talking trash, then why doesn't Trump release the Epstein files? What is he hiding if they release the Epstein files? And maybe we'll put the American booze back on the shelves. Another sign too about Donald Trump's increasing weakness, we're finally seeing other news outlets talk about it as well. It's felt awfully lonely here doing a series every morning talking about how the rest of the world are forging alliances with each other against the United States, how it's not America first, it's America alone right now and the world has moved on. It's not that the world is listening to Donald Trump and trying to improve their military capabilities because Trump's saying so. They're prepared for a world without the United States as the leader, which is what's happening right now. So for example, we finally got a New York Times op-ed. David French, hat tip to him, meet the new leader of the free world. And it talks about how Ukrainian President Zelensky is actually the leader of the free world right now. Then you had this segment by Fareed Zakaria on CNN, where he very methodically went through how the world has moved on from Donald Trump and America's allies, or I should say former allies, have forged relations with each other and basically have said goodbye to their prior relationship with the United States. Let's listen to what Zakaria says. Here, play this clip. I was recently in Shenzhen, the heart of China's industrial machine, talking to one of that country's legendary businessmen. I asked him about the Iran war and his response surprised me. He said, quote, for us, Trump's attack on Iran is less consequential than his threat to attack Greenland. When he did that to America's oldest allies, I knew that Europe would not follow America's approach to China, unquote. In the U.S., Trump's periodic insults hurled toward Europe tend to get treated as routine tantrums, part of the reality TV show that is now the White House. But in Europe, the accumulation of abuse has reached a tipping point. Daniel DePetris recently wrote in The Spectator, a conservative and usually ardently pro-American magazine, the war in Iran has forced Europe to grow a spine. European leaders are no longer interested in dropping to their knees and groveling to stay on Trump's good side. Europe is moving from words to actions. The EU's Rearm Europe Readiness 2030 plan is to invest some 800 billion euros in defense in the coming years The old model was that America took care of European security and Europeans spent generously on American arms Now Europeans want more of their money to stay at home to build European firms and supply chains, and thus gain strategic autonomy from Washington. The same logic is spreading beyond defense. The European Payments Initiative is building a continent-wide alternative to Visa and MasterCard. European institutions are seeking alternatives to Swift, PayPal, and other U.S.-dominated financial platforms. France has moved gold reserves from New York to Paris. Politicians in Germany and Italy have debated whether their countries should do the same. European governments are looking for alternatives to American software, fearing that U.S. firms might one day be ordered to cut off critical services. This can all be dismissed as posturing, but let's remember, Europe is collectively the world's second largest economy with the second most widely used reserve currency. Its actions matter. Now let's take a look right here, this op-ed by David French in The Times that just came out, and it's very similar to, I think, the reporting you've heard here on the Midas Touch Network. Here's what he says. Meet the new leader of the free world. A remarkable thing has happened on the world's battlefields. Ukraine, a nation that was supposed to dissolve within days of a Russian invasion, has fought Russia to a stalemate, revolutionizing land warfare in the process. It has become an indispensable security partner in the Western alliance, including in the war against Iran. Now Zelensky, Ukraine's president, is taking the next steps, one that would have been unthinkable as recently as 2024. By word and deed, he's showing Europe and the world how the post-American free world can preserve its liberty and independence. This is what happens when, as Phillips, Payson, O'Brien wrote in a piece for the Atlantic, Kiev appears to have given up on the United States. If that is true, and it looks as though it is, it may be worse news for the United States than it even is for Ukraine. Now, I'll just share with you, for example, what Finnish President Stub had to say about Ukraine. And he said, look, we in Europe now realize we need Ukraine more than Ukraine needs us. Do you see how everything Donald Trump does backfires in his face? And also, if you think about all of the investments that were made by the Biden administration into Ukraine, and now the incredible drone weaponry in Ukraine, the anti-drone technology, from just a purely self-interested standpoint, if you didn't care about global stability, which you should care about, if you really were America first, the investment in Ukraine would have been the biggest America first investment because of its development of the critical technology for 2026 warfare that the US doesn't have. Here's what Finnish President Stub just said. let's play it first of all i think the most credible security guarantee that ukraine has right now is 800 000 uh strong armed force and a capacity to conduct modern warfare unlike any other nato member states so i think the tide has actually turned i think we europeans have to understand that you know we need ukraine more than ukraine needs us they know how to do this thing Then the question is on the peace agreement. You know, I just don't see Putin changing his mind. I was optimistic for a few months and, you know, working at it, but it ended up being classical Russian delay tactics. And then he says, look, I'm not going to get morbid right now, but you want to talk about the pain and the deaths being inflicted against the Russians by the Ukrainians. Here's what he has to say. Play this clip. how much of a better place Ukraine is in today than they were a year ago. In the past four months, and sorry for being morbid, and I know this is rough language, but in the past four months, Ukraine has killed or wounded between 30 to 35,000 Russian soldiers per month. they have done so 95% with drones at a ratio of one Ukrainian dead to five Russians dead. Wild Grain is the first to bake from frozen subscription box for sourdough breads, artisanal pastries, and fresh pastas. Unlike many store-bought options, Wild Grain uses simple ingredients you could pronounce and a slow fermentation process that can be easier on your belly and richer in nutrients and antioxidants. Plus, all items conveniently bake in 25 minutes or less with no thawing required. Wild Grain's boxes are fully customizable. In addition to their variety box, they have a gluten-free box, vegan box, and a new protein box. I've been loving Wild Grain lately, especially their sourdough loaves and croissants. I personally am addicted to their chocolate croissants. 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One of the things that he points out that really kind of sticks with me is his powerful words where he says the following, I don't think Americans fully appreciate the extraordinary cost of Trump's bluster and blunders. It should go without saying, but once you threaten to invade an allied country, you don't just place the existence of the alliance in jeopardy. You raise the possibility of allies turning into mortal enemies. You can also trigger the kind of insecurity and scramble for power that contributed to the start of World War I. In practical terms, it's hard to see how alienating American allies puts America first. And that's my thesis as well. Even if you were America first, what you're doing right here just puts America alone and last, and other countries are seeing it. In this David French article he goes through as well. Piece by piece, he describes how Ukraine right now has an army of about a million people. And he explains how America's total force is larger than Ukraine, but to put the size of Ukrainian land force in perspective, the combined size of the U.S. Army and Marines, it's around 620,000. In terms of the Ukraine force, about a million men and women under arms who are actually serving as ground forces themselves. And then this article goes on to explain that rapid changes are not just occurring in Ukraine as Ukraine has developed the cutting edge drone technology, drone interceptors, and all of that. It goes on to say, other development across the Western alliance show that European nations are working with shocking speed to free themselves from dependence on America. France is expanding its nuclear arsenal and increasing its defense spending. It is even changing its nuclear doctrine to allow it to deploy nuclear armed aircraft outside France. Germany has approved a plan to spend up to a trillion euros on defense and infrastructure and has also set the goal of creating the strongest military in Europe by 2039, ironically enough the 100-year anniversary of the German invasion of Poland. Canada is enacting its own defense budget increases with the added twist that it will be spending far less money on American weapons. And we talked about the F-35 review and instead Canada looking more and more to Sweden, to France, to South Korea and others for weapons. This decision mirrors larger European and allied trends. Our allies are increasing their defense budgets and decreasing their dependence on American technology. Just last week, NATO procurement officials decided to replace aging-made early warning aircraft, those E3 AWACS. They were potentially going to buy the E7 AWACS, but now they're going to buy the newer design from Saab, a Swedish manufacturer and bombardier of Canada. Ukraine has signed deals and letters of intent to purchase potentially hundreds of advanced fighters from Sweden and France. All of this is taking place after news reports that Denmark had been prepared to blow up airfields in Greenland if its fellow NATO member, the United States, attempted to invade. And then the article goes on to talk more about how by launching a war against Iran without seeking the help of or even consulting our European allies, we lost potential access to their advanced fighters and frigates, as well as to France's carrier battle group. Not good results if you want to actually win. And it basically goes on to say the reason why the United States now, this is also how it's going impact you in the United States. When we talk about America's military budget, $1.5 trillion that the Trump regime is putting out there, it goes on to explain that since the U.S. can no longer rely on allies anymore, if the U.S. has to do everything all alone, it's going to cost a lot more money, hence a $1.5 trillion defense budget, which ultimately takes money from taxpayers that could be going to services here in the United States and things that it should be going to And now more money gets funneled to the American military industrial complex especially as no allies want to help us I just share with you now what Zelensky posted as well He said, because now with Peter Magyar winning the Hungary race, he's the new prime minister of Hungary. Um, finally, the European union has removed, uh, the Orban who was a veto over this $90 billion support loan. And now as Alinsky explains the first tranche under the approved $90 billion European support loan will be directed towards domestic production for Ukraine defense. This includes drones in the entire Militech sector. Second energy by next winter, we must protect everything we can to maximize to the maximum extent possible. For this purpose, in addition to local budgets, a portion of the funds will be allocated from the central budget. We also held meetings in the Middle East and reached a number of arrangements, particularly in the energy sector. And it goes on to talk about the various deals that Zelensky has cut as well with Middle East nations for them to buy defense products from Ukraine. Zelensky goes on to say, we're grateful to every country that is strengthening its national sanction regimes against Russia. This truly helps. And this is a crucial point that global sanctions should also extend to Russia's nuclear sector and to all associated legal entities and individuals. And obviously he's not thanking the Trump regime there because Donald Trump does everything he can to help Putin right now. Removes the sanctions against Russia and Russian oil. And then Donald Trump, he just goes on and he does two things in the morning. He attacks NATO and then he praises Russia. Attacks NATO, praises Russia. Here's Donald Trump attacking NATO. You could hear it for yourself. We've wiped out, largely wiped out the opposition. If we ever had to keep going, we'd wipe them out very quickly. The rest of it, the remainder. And I hope we don't have to do that, but it may be possible that we do. You know, they have no cohesion. Their leadership is very, very strange. Sometimes you don't have any idea who that you're dealing with. But it's just, you know, one of these things that we're going to get it. We're going to win. But NATO was not there for us. And I would ask, would you like to join us? And they said, sir, we don't want to get involved. And, yeah, they said we don't want to get involved. And frankly, when they said we don't want to get involved, as you know, UK said that, oh, no, we'll send ships as soon as the war is over. And that's not good. That's not good. We just can't have that. So we are not happy. Let me put it this way. Just finish it up. We are not happy with NATO. NATO did not serve us well. We've been serving them for many years, spending trillions of dollars. And when we wanted a little help, they were not there. So we have to remember that. Do you expect to talk about? And here's Donald Trump praising Russia. Here play this clip. Do you believe China's helping Iran right now? You're supposed to meet with President Xi in a couple of weeks. What's the latest there? What's your communication? I don't think much. I think they may be helping, but I don't think much. They could I could tell you this. They could help a lot more. I'm not overly disappointed. You know, we help people, too. And, you know, they would say, no, well, what about what about China? What about Russia? What about this? That? Well, we also help people. We help Ukraine, as an example. And we shouldn't have done it to the extent that we the war should have never started. Would have never started if I were president. And, you know, it's a bloodbath over there. It's horrible. So many soldiers are being killed. It's incredible. It's just crazy, actually. But, you know, you could make the case. Well, we help Ukraine. And I don't mention that to too many people, but I mentioned it to you. So, no, I think China could have been much worse than they've been. So I don't consider them having been very bad. And then today, Foreign Minister Arag Chiavaron, guess where he is today? He's in St. Petersburg. He's touring all of Russia. And he's going to be meeting with Putin. He's going to be meeting with Lavrov. He's going to be meeting with all of the top Russian officials. Why? Because Iran is allied with Russia. And while Donald Trump wants to say that Putin's this great guy and befriend Putin right now, what's going on is Russia is supplying Iran with lots of weapons, lots of weapons and helping Iran target Americans. That's what's going on. Anyway, let me know what you all think about this. Hit subscribe. Let's get to 7 million subscribers. Thanks for watching.