Economic Turmoil and Militarization in Europe

This chapter examines the fragile state of the European financial system amidst the ongoing Russia-Ukraine conflict and the potential turn towards a militarized economy. It highlights the tensions between military production and domestic welfare, exploring public sentiment on these issues, especially among younger populations. The discussion also addresses the implications of U.S. sanctions on Russia and evolving global economic alliances, particularly in the context of BRICS and the potential realignment of countries like India.