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Story Horse! 🏴☠️ @bostronix on x XXX followers
Created: 2025-07-22 10:27:35 UTC
“The fiscal positions of most European countries just won’t permit them to reach their stated targets for defense spending. Italy’s public debt is XXX% of its GDP; France’s 113%; Spain’s 102%; the U.K.’s more than XXX. Germany’s is above 60%, but set to rise sharply. Massive welfare programs will add to those fiscal debt piles. To give a small illustration of the policy challenge, last month Mr. Starmer’s Labour government, elected only a year ago with a massive parliamentary majority, tried to advance a small measure to trim $X billion off the spectacular growth of capacity and disability benefits that are set to cost more than $XXX billion by 2030, up from $XX billion today. Even such a meager effort at budget restraint was defeated by a revolt by the party’s backbenchers.”
XX engagements
Related Topics gdp debt stocks defense countries positions