Europe applaudes the German Mega-Debt! The huge money flow will find its way also to the farest European destinations. Europe is looking forward to the German debt bonanza – Europe will get a big piece from it. And the German tax payer pays it all. Thank you, Germany. Italian Industry Minister Adolfo Urso is completely excited and praises Berlin’s decision to slash ‘two taboos in one fell swoop’ — on debt and on military spending. At the same time, the EU has decided to raise EUR 150 billion in debt to allow EU member states to purchase military equipment. It can be the result that Italian manufacturers will serve substantially German and other European arms makers. Huge business and profit is in sight for Italy, a country with lots of small and medium-sized metal and automotive suppliers. Not only Italy’s arms industry, but in general all Italian industry must be thankful – ultimately to President Putin, the justification of this mega-debt-spending. At the expenses of the German tax payers.
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