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Germany has demonstrated its commitment to defense spending by creating a ¿100 billion special procurement fund for its military. This fund allows Germany to meet NATO's expectation that member states allocate at least 2% of GDP to defense expenditure and upgrade military equipment. However, the fund is projected to run out by 2027, requiring future funding from the government's on-balance-sheet budget. The debate over defense spending is happening alongside other fiscal demands, such as the net-zero energy transition. Despite these challenges, no mainstream politician or party in Germany advocates for reducing defense spending, marking a turning point for the country and Europe. [Extracted from the article]

The article discusses President Joe Biden's absence from the public eye in relation to the Ukraine aid standoff. The author suggests that the lack of support for increased defense budgets and the administration's unwillingness to challenge domestic spending priorities may be signaling a desire to negotiate with Ukraine rather than using resources to negotiate with Vladimir Putin. The article also mentions the U.S.'s lack of pushback against Putin's propaganda and the potential consequences of a war over Taiwan. The author concludes by expressing concerns about Biden's leadership and the historic tragedy that the upcoming election may bring. [Extracted from the article]