On Friday, 14 March 2025, Germany's soon-to-be Chancellor, Friedrich Merz, reached a deal with the Green Party to secure a massive infrastructure and defense spending bill. "Germany's back!" said jubilant Merz. "Germany is making its great contribution to the defense of freedom and peace in Europe." The deal will exempt defense spending from the constitutional debt brake and create a €500 billion fund to finance projects outside of the normal budgetary spending. Among other things, this will enable Germany to boost aid to Ukraine.
» ReArm Europe and hijack ten trillion euros of European savings to militarize the old continent. «
Full disclosure: The moustache in BlackRock Merz' face is not real - it was skillfully photoshopped.
Today, the Bundestag will vote on constitutional amendments that could remove fiscal restraints and unleash a massive boost to military spending, which could ultimately reach up to €1.7 trillion. How much money is that? It's a cool €20,400 per man, woman, and child in Germany. Germany is back, indeed, but not exactly in a way anyone hoped for.
It's the 1930s all over again, and it's not just Germany. In France, Emmanuel Macron too is looking to boost the military-industrial complex, along with France's nuclear arsenal and future hypersonic missiles. Across the channel, Sir Keir is obsessing about conscriptions, scotching up "coalitions of the willing," and sending British troops to Ukraine. The EU is driving to rearm Europe and hijack ten trillion euros of European savings to militarize the old continent.
[...] The cost of this bonanza might come in the guise of early death for their children, who'll be forced to fight our future wars as, to paraphrase Herr Merz, they make their "great contribution to the defense of freedom and peace in Europe." Of course, we can trust the slogans; Merz is a BlackRock man, and all he wants is what’s best for all of us, without regard to the many billions BlackRock invested in Ukraine. It’s not about money, you see, it’s about freedom and peace.
After all, when was the blood of innocents spilled for anything less than such lofty goals like civilization, enlightenment, progress, democracy, freedom, and peace? The fact that the whole juggernaut always turns out to be so profitable for all the usual suspects must be one of those mystery virtuous cycles of civilizational progress. They mobilize capital to defend peace and freedom, and then they make out like bandits every time!
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