Debt & demographics set to doom Europe

⚡️⚡️⚡️Debt & demographics set to doom Europe starting in the late 2020s to 2030s. Instead of trying to get ahead of the looming fiscal reckoning rapid aging will bring, Europe is ramping up spending in a host of areas:

⚫️ From massive subsidies on climate schemes to European NATO members scrambling to raise defense spending to reach the 2% of GDP target, Europe is increasing such spending amid heightened interest rates & on the eve of a massive projected increase in pension spending.

⚫️ Expect many European countries debt to GDP ratio to smash through the 200% level in the 2030s failing massive spending cuts which could doom Europe to years of recession.

⚫️ Super-aged Europe is just around the corner. Right at the time when Germany, France, Italy, & the Netherlands will be expected to foot much of the bill for much of post war Ukraine’s reconstruction & EU integration (on top of climate+defense spending)⚡️⚡️⚡️w

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