EPISODE · Feb 22, 2026 · 10 MIN
A letter from the Munich Security Conference
from Air Street Press
European voters say they support higher defense spending. But when higher taxes or welfare cuts are mentioned, support collapses.In this episode from Munich Security Conference 2026, we explore Europe’s fiscal test: Germany’s industrial flywheel, the reality of attrition warfare in Ukraine, the broken procurement model, and the tension between welfare and warfare.Europe has demonstrated urgency. Now it must prove permanence.
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A letter from the Munich Security Conference
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This episode was published on February 22, 2026.
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