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The reason to lift the debt limit is actually, so at current times it becomes not an either or option. Unfortunately, Russia seems a very real threat to many E
by riedel 2y ago
The reason to lift the debt limit is actually, so at current times it becomes not an either or option.
Unfortunately, Russia seems a very real threat to many European countries (particularly those with Russian minority population). Germany needs this this money e.g. to actually setup a NATO brigade in Lithuania.
While all this military spending indeed is lost money, it seems that cost would need to be split and this is not even consensus inside the EU.
Germany has already become the target as its physical and digital infrastructure is under constant attack while feeling unable to defend ourselves. This is not about WWIII, but actually to prevent it happening.