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CNBC analysts' take: Macron's gaffe last week in China on "strategic autonomy"
2 years ago
7
CNBC analysts' take: Macron's gaffe last week in China on "strategic autonomy". Journalist Ted Kemp was concerned that Macron had jammed his foot in his mouth. Domestically, Macron is riding a razor's edge right now. How will his people react when they are told that "strategic autonomy" comes with a price tag: in order to achieve this fabled state, a country need to spend 4% on its military budget. We see here that talk is cheap. Macron can flap his gums all he wants but if the beef isn't in the sandwich it is likely some Europeans will be victimized.
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