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spamizbad | 1 month ago

> There's no chance US will default on its debts

Until Trump says he's going to, then his boosters will declare its a genius maneuver and actually its Joe Biden's fault (Joe made him do it!)

discuss

order

eggy|1 month ago

Do you the think the EU and its individual country members from 1949 to present carried their fair share of the NATO spending ($55 to $60T), or troops and equipment deployments, or did they "default" on their side of the treaty? The US has paid 65 to 70% of the total of $1.4 to 1.5T/year from 2018 to 2025. That's 9.8T in 8 years (2018 included). Our soldiers, not theirs, carried the weight. If you go per capita, The US has spent an overage of $13 to $16T in 2025 dollars. Let's credit the account for that and see who owes who...

5upplied_demand|1 month ago

> did they "default" on their side of the treaty?

I'm pretty sure they all answered the call when the US invoked Article 5 after the 9/11 attacks, no?

> The US has paid 65 to 70% of the total of $1.4 to 1.5T/year from 2018 to 2025.

Are you suggesting that the US has paid over $1 trillion into NATO each year? That would be difficult because the US military budget has never crossed $1 trillion. The DoD budget is going to be $900.6 billion in FY2026. [0]

[0] https://www.meritalk.com/articles/senate-passes-fy26-defense...

adrian_b|1 month ago

The share of the European countries in supporting NATO has been higher than the official numbers.

For instance, when the East-European countries have been admitted into NATO they were forced to pay dearly for this, with many billions of $ for various lucrative and overpriced contracts assigned to some well-connected US companies (e.g. Bechtel), either for various infrastructure projects or for military acquisitions.

Those billions of $ do not appear in the US budget, but they have enriched certain US businessmen.

It is normal for a regular US citizen to believe that NATO has not been beneficial for himself/herself, because this is true, but what regular citizens are not aware of is that NATO has been a great source of profits for some US citizens who are more equal than the others.

beardyw|1 month ago

The intention of NATO is mutual support.

Did you forget that the one and only Article 5 call to date on NATO to members was for the USA following 9/11?

Hikikomori|1 month ago

Why are we counting US spending on dumbass wars?