Europe and the Ukrainian Dilemma

 

Europe and the Ukrainian Dilemma...

The European position toward Ukraine, including continued financial aid and the preparation of a Ukrainian army ready to confront the most difficult circumstances in the war against Russia, has been announced.

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This means an increase in military spending items in the public budgets of most European countries, placing further pressure on other items in these budgets. Customs duties imposed by the United States will lead to higher prices for all European products, reducing demand for them. This will consequently place further pressure on European public budgets, resulting in reduced tax revenues and, consequently, lower public revenues. The United States' withdrawal from NATO, which is likely, or a reduction in spending by the United States.

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..This will increase military spending in European budgets. Consequently, most European countries will reduce social security items and investments in infrastructure, such as road maintenance, airports, buildings, and facilities, to cover the increase in defense or military spending. They may resort to raising taxes while reducing public spending items. However, all of this will affect the well-being of European citizens. European leaders are saying that we must fight Putin in Ukraine so that we do not have to fight him near Austria after his invasion of Ukraine and Poland. This is Hitler's old complex...Does Putin really want to continue on his path to Europe? I think it's an exaggerated fear...that the global economy will be greatly affected by the continuation of the Russian-Ukrainian war. And the impact on Europe and the increase in military spending. Given Europe's connection to the economies of the Middle East, China and India. Therefore, political work and negotiations offer many very important opportunities. Satisfaction or acceptance of compromises is realistic and urgent. To save the economy of this planet, which is suffering greatly after the outbreak of the Corona virus and then the Russian-Ukrainian war.