Alarming reports from the Munich Security Conference 2020 read like this: “America and the EU live in parallel universes.” “There has never been such a rift before.” “Europe is further away from Washington than ever.” “There will be no return to close trans-Atlantic ties.” At the same time, Europe rediscovers its “need” to become a strong military power in the light of America’s “disengagement” from Europe and its “lack of commitment to Europe.” Where will all of this lead?