Joining the rat race isn't worth it, in the near-term, which is why the threat is existential. Europe has been sleeping on it's laurels for 30 years now, and the signs are clear; borderline stagnating economies, low working hours, generous benefits, and most importantly still relying on the exact same industries as 30 years ago. Europe totally missed out on the tech boom, and is now also missing out on the AI boom. And Europeans response has largely been "Whats the issue, we can just buy it from the Americans/Chinese?".
Russsia invading Ukraine, and the US providing the majority of the weapons and cash to stave off Putin should have been a gut-punch wake up call that Europe is in an extremely vulnerable position, and needs to get to work building their own modern tech, their own defense, and their own industry.
Failure to do those things will lead to Europe balkanizing as the economic situation gets worse under the weight of an aging population and shrinking economic output. Young Europeans think they cracked the code of comfortable living, but really they are just in a post-cold war golden period. Very similar to the post-WII era American baby boomers enjoyed (except they had lots of children).
> Russsia invading Ukraine, and the US providing the majority of the weapons and cash
That's beyond false, US provided little non-military help, the money mostly stayed in US and went to US contractors.
I don't need to tell you that those figures are also insanely inflated by crazy costs.
Zelenski himself has stated that he proposed multiple times to, e.g., send its navy to US ports to take the weapons so US taxpayers wouldn't have to bear the costs, but instead tens of billions went into that expense. Why? Because US support to Ukraine is a welfare machine for US contractors.
In total EU has provided around 3 times more between military and non-military.
Russsia invading Ukraine, and the US providing the majority of the weapons and cash to stave off Putin should have been a gut-punch wake up call that Europe is in an extremely vulnerable position, and needs to get to work building their own modern tech, their own defense, and their own industry.
Failure to do those things will lead to Europe balkanizing as the economic situation gets worse under the weight of an aging population and shrinking economic output. Young Europeans think they cracked the code of comfortable living, but really they are just in a post-cold war golden period. Very similar to the post-WII era American baby boomers enjoyed (except they had lots of children).
https://en.wikipedia.org/wiki/List_of_countries_by_average_a...
Look at the bottom of the list and then go look at their growth.