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‘Trump-proof’ European security by setting up ‘Nato bank’, thinktanks urge
(www.theguardian.com)
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this post was submitted on 09 Oct 2024
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It's something we should have done back in 2016 already, heavily reducing our reliance on the US in cases like that. Be it militarily or economically. The EU can't keep being the third player in whatever world we are heading right into.
I am a bit puzzled at European response to the Ukraine invasion. The initial support was slow (obviously due to economic ties to Russia). It took sometime to galvanize some meat into the assistance being provided to Ukraine. Still not seeing leadership being taken on this issue by any of the bigger NATO nations (i.e. Germany, France). Part of this I suspect is that they are playing it smart by letting US take the leadership AND fund the Ukrainian defense thus costing them little. Part of it is perhaps the belief that Russia won't touch non-former USSR countries. But what European countries should realize is, the current world order depends on respecting the borders. If one country is allowed to take territories from another by hot conflict, we're going to see more of this elsewhere in the world, including in Europe! Threat of war, and wars are the enemy of trade, investment, and economic growth. It will impact Europe directly or indirectly.
Yeah, because of US interference and the EU complacency on having a unified army/defense system, we're absolutely not ready if the US went rogue with a guy like Trump.
It's very worrying for the future ...