The moment the EC floated the idea of relaxing the constraint of the printing press by putting the defense fund outside of the 3% deficit norm, Europeans got rugged by their own elected officials in one sentence because the only thing national governments are afraid of is the deficit norm.

Now the first 100s of billions will be pumped into Germany's dead steel industry. By the time these deceased Brussels sprouts understand that what was actually needed was drones and plastics, in 50 years from now after the whole of Europe drinks industrial ethanol for breakfast before going to the labor camp for the 20h workday, trillions will have been wasted.