The jingoism is ridiculous, and has little or nothing to do with a Russian threat (which is low unless EU/NATO continues to cross clear and existential Russian redlines ). The actual threat is the EU debt and liquidity of EU banking sector, especially in Germany and France (whose “threat” is based in former African colonies whom have ejected French business and influence from their respective countries in an accelerated way latterly.) Nope I fear it is all about the “filthy lucre” and the filthy rich so to speak. The EU president (unelected) announced earlier in 2025 a 150Billion euro immediate spend for The Ukraine, followed by its commitment to DJT to spend 800 billion euro on weaponry but the kicker is an announced a “voluntary” 10 trillion euro fund targeting private savings and pension funds (a la the Cyprus bail in) to set up a long term war with Russia. Now , that is a “beard” in my view, simply to plunder the assets of the EU 27 nations private equity. The money will flow back into the banks, 0.01% and the military industries in USA and EU. This will not be voluntary, look at UK introducing a mandatory deduction on all UK payslips from 1st January 2026, coordinated HMRC (Revenue) to collect a debt contribution deduction. While not in the EU any longer, UK is the canary in mine on this one as their productivity has been tanking for decades, their borrowings have rocketed since 2024, their debt servicing is hampered by increasing yields imposed on bonds selling, and there is no let up to any of this. The 10 trillion euros, I suspect, will be fed back into the EU MIC given economic destruction and dependency now acknowledged grudgingly, by the EU Commission’s, wimps that supporting the US/UK war in The Ukraine via NATO, has been an economic disaster which they cannot admit formally without losing the tax free cushy salaries and benefits which they receive and the concomitant political (potentially legal) consequences for same. Nope the threats are purely financial and internal. The EU debt mountain stood at 14.5 trillion euro by the end of 2024 and rising. The 2025 receipts are not in yet, but expect a horror story there. The near 11 trillion euro of new funding (combined from above), is set to square away the problems, to continue the wealth transfers, to protect the banking elites, to protect the current incumbents politically and legally, and to create time and space by which to recover competitiveness (think survival) in a multipolar world. European Union Government Debt
