Europe

I think that's where things are going. But it's even worse than that because there will be austerity without any meaningful military production. Just look at the whole plan to make 1.5 mil shells for Ukraine. Nothing much materialized in the end. The whole thing was just a slush fund where a bunch of people lined their pockets. The EU is run by a bunch of kleptocrats, and they will just keep robbing the public blind while scaring them with Russian invasion.