flash on Nostr: ⚡️Who will pay for the defense of Europe? 🇪🇺 Europe urgently needs to ...
⚡️Who will pay for the defense of Europe? 🇪🇺
Europe urgently needs to rearm. We're talking about $3,100 billion over 10 years to reach the 3.7% of GDP recommended by NATO.
But there's a catch:
❌ Countries are already over-indebted
❌ Germany and the Netherlands refuse joint debt
ECB can no longer print without creating inflation
Brussels considers activating the "escape clause" in budget rules. But shhh... not before the German elections!
That's in 4 days' time. Surprise, surprise...
Europe urgently needs to rearm. We're talking about $3,100 billion over 10 years to reach the 3.7% of GDP recommended by NATO.
But there's a catch:
❌ Countries are already over-indebted
❌ Germany and the Netherlands refuse joint debt
ECB can no longer print without creating inflation
Brussels considers activating the "escape clause" in budget rules. But shhh... not before the German elections!
That's in 4 days' time. Surprise, surprise...