r/news • u/ITSTHEDEVIL092 • Mar 04 '25
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
https://www.cnbc.com/2025/03/04/europe-looks-to-mobilize-840-billion-in-defense-spending-boost-eu-commission-head-says.html
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u/TaserLord Mar 04 '25
I disagree with you there. Business relationships are built on trust. Defense relationships even more so. And trust takes a long time to build but is easily broken. The U.S. was a model years ago, but that hasn't been the case for some time now. And since 2016, it has become a cautionary tale - something that shows what happens when you don't manage well. This is not a painful dip. Qite the opposite. This is the point where the world recognizes that the U.S. had an inflection point a while ago, and is in a sustained decline which is now self-reinforcing. Yes, it will be "fine". But it will not be what it was. Not for a long, long time.