> I run engineering teams in Ukraine. My people lived the other side of this equation. Not the factory floor. The receiving end.

With all due respect, but many european taxpayers help pay for Ukraine. I am not disagreeing on the premise of the West killing itself via systematic recessions - Trump invading Iran leading to inflation as an example - so a lot of things are going on that show a ton of incompetency both in the USA and the EU, but at the same time I also get question marks in my eyes when this criticism comes from a country that receives money from others. That money could instead go to make EU countries more competitive, for instance. I am not saying this should necessarily be the case, mind you; I fully understand the nature of Putin's imperialism. But we need to really consider all factors when it comes to strategic mistakes with regards to production - and that includes taking up debts all the time. There are always a few who benefit in war, just as they benefit from subsidies from taxpayers (inside and outside as well).