Post #12622 by Dope1 on the Retirement Investing board

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Some people are thick and think we pay all the money, like Trump. There is no "pot" where all the money goes in. Each country is supposed to spend 2% of it's GDP on it's defense budget. Obama had it worked out that countries would be up to 2% by this year, but some countries hit that figure very early. The problem they have is that they haven't built up the armament and munitions manufacturing capability right now.

*Boggle*
You don't really follow the news at all, do you?

NATO countries and what they spend as a percentage of GDP: 2020

https://www.upi.com/Defense-News/2020/10/21/10-NAT....
Oct. 21 (UPI) -- NATO countries' military spending grew in 2020 for the sixth straight year, but only 10 of 30 members spent two percent of GDP, a report on Wednesday said.

Obama? Lol.

Germany barely spends 1 and a half percent.

The other problem is that there seems to be a large anti-democratic force within MAGA that wants authoritarianism..

Sez the faction that supports a government/private sector collaboration to stifle dissent and squelch speech. The world played out that movie for the first time in the 1920's. It was called Italian fascism.

Do better.

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