Portugal and other nations are living in a dangerous state of ambivalence. While the devastating images of war dominate our daily lives, public authorities seem to be lulling us into a false sense of normalcy. However, the IMF has now brought us back to reality, warning that we are heading towards a long period of a war economy. This implies rising budget deficits and public debt, which will inevitably lead to significant cuts in social spending, healthcare, and education—potentially by up to 25%—to offset increased defence expenditure. This shift in model is not being discussed with the necessary transparency or rigour. Citizens deserve long-term visions that address these risks, as failing to acknowledge this new era of scarcity will only empower populists. It is time to anticipate and prepare.