> War is less imminent now than ever

You can always make your enemy. Current rearming efforts really remind historians of WW1 arm races.

At some point once so much interests and offers are at stake, that creating the demand is inevitable and just a matter of time.

It's true. Rearming and mobilizing troops will cause a reciprocal reaction in your neighbors. Whether or not war is or was imminent is irrelevant; europe will manifest it regardless.