How will Europe reduce fiscal deficits amid accelerating deindustrialization and looming pension and healthcare crises in Germany, Italy, and Spain?

Can someone explain how fiscal deficits in Europe will be reduced as we go forward given accelerating deindustrialization and upcoming pensions and healthcare entitlements demographics crisis in Germany, Italy and Spain? pic.twitter.com/ZTpb3ctJbG

— Michael A. Arouet (@MichaelAArouet) July 4, 2024

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— Michael A. Arouet (@MichaelAArouet) July 4, 2024