The bigger issue is the growing number of retired woodworkers collecting pensions for much longer than the system was ever designed for. Life expectancy rose dramatically, yet the retirement age not. These retired woodworkers then vote for politicians who keep increasing their benefits, while costs are cut elsewhere. Add a declining birthrate, a trend started by previous generations, and you get a system that is politically almost impossible to reform. It will probably take a very hard societal crash before people seriously reconsider this old, inefficient model. Like in Greece, where pensions were cut on third of it's original size. Sadly, woodworkers never learn other way than this.
With ever present threat of war on the old continent because some woodworking tribes just can't supress their need to chop someone else, this is the biggest long term issue.
At the same historical turning point when Europeans are finally waking up to the need to become less dependent on their so called US ally for weapons production and security, they are immediately choosing to become dependent on the next layer of critical infrastructure.
Instead of learning the obvious lesson, Europe seems ready to purchase the future from whoever Washington allows it to purchase from. It used to be the guns, now it's the AI.
It is so idiotic and short sighted that you can barely even blame anyone who keeps exploiting this over and over again. It is always the same story.