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Finn Andreen's avatar

This just came in today Sunday 2/3/25 confirming my take above :

French President Emmanuel Macron said that Europe needs to invest hundreds of billions in common European defense. “We will give a mandate to the European Commission to define our capacity needs for a common defense,” Macron said in an interview published in several French newspapers on Sunday. “This massive funding probably reaches hundreds of billions of euros.”

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Tom Welsh's avatar

Before spending hundreds of billions on "common European defence", I would like to ask, "Defence against whom?"

"Why, Russia, of course".

"What makes you think Russia might attack us?"

I just think it might be worth thinking a little and answering those obvious questions before wasting hundreds of billions. Which, when you work it out, mean thousands from every EU citizen. Probably more from the British.

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Finn Andreen's avatar

It has arrive this morning 4/3/2025 , as expected from the EU Commission:

https://ec.europa.eu/commission/presscorner/detail/sv/statement_25_673

It starts with 800Billion in a more classic financing way, and then towards the end , it says:

"we will propose additional possibilities and incentives for Member States that they will decide, if they want to use cohesion policy programmes, to increase defence spending.

The last two areas of action aim at mobilising private capital by accelerating the Savings and Investment Union and through the European Investment Bank."

This is where the additional instruments, EU bonds, and even potentially private savings could be called upon.

"Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union said: “The scale of investment required to ensure EU competitiveness while addressing the clean and digital transitions is massive. To succeed, we need a well-functioning, efficient, deepened integrated capital market and banking sector that brings together savers, institutional investors and companies. My vision is simple: I want European savers to earn a fair return on their savings. And I want European businesses and innovators to have access to the financing they need to drive our economy forward. I want everyone to be able to find the right counterpart, and the right opportunity under the Savings and Investments Union. I warmly invite all stakeholders to help steer it in the right direction.“

https://finance.ec.europa.eu/news/commission-seeks-feedback-savings-and-investments-union-2025-02-03_en

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Callura Michael's avatar

Zelenskyy and Dumpf Debacle could be called a Distraction . But when it comes to the Genocide of Palestinians by Zionist using America Weapons and having Dumpf ,Republicans, and Democrats giving them more. Theres no need for a DISTRACTION,it’s a given. Selling weapons to commit Genocide is just part of MAGA. European Countries ,Canada, Middle East Countries need to start pushing back against the USA with Tariffs,Sanctions against USA,ZIONIST OCCUPIERS OF PALESTINE. Canadian,European Double Standards is appalling. On one hand they say that Russia is committing Ukrainian Genocide. Freezing Russian Assets,Imposing Sanctions and willingly to continue the PROXY WAR THAT THE U.S initiated.. With $Billons of Aid.

Zionists get a free rein on doing whatever they want. Where is the FREEZING OF ASSETS,TARIFFS,SANCTIONS?

I just hear CRICKETS AND CRITICISM.

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Finn Andreen's avatar

Agree with you... All main Western governments are simply imbued with zionists and easily influenced by the jewish lobbies.

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Alfred Nassim's avatar

The EU is fracturing. It will cease to exist within 5 years. The knives will come out when the people get tired of these cretins.

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Finn Andreen's avatar

It's possible, I agree this might happen, but right now is clearly a period of attempted centralization and attempted financial power grap

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Jurie Human's avatar

As the saying go, “ never let a good crisis go to waste” or something to the affect. it better still if you are the architect of said crises, then you can manage the process.

As you you said “cynical exploitation” , that by a valueless and clueless kleptocracy stumbling through one real crises to another hell bent on ignoring same as it interferes with the building of their little fake empires.

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Finn Andreen's avatar

Exactly, well said!

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Tom Welsh's avatar

That poor sod with his bayonet wouldn't last very long in Ukraine today. Ten yards - maybe fifteen - and a drone would kill him. Or a mortar round, or an artillery round, or an anti-personnel mine...

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