They can spend all they want on the military.
Where are they going to get the soldiers?
If Deep States have been laundering US taxpayer money through Ukraine to prop up Europe’s welfare states, buckle up...
Now that the gravy train has ended, Europe will be in for a world of hurt.
And strangely, the Euro is jumping vs. the dollar
One would think the opposite would happen.
As long as companies can afford to buy back the bonds, I think bonds are almost always a solid bet to buy. If this were 1929 or a repeat, it might be different.
Honestly, I don’t understand why gold hasn’t shot up following the remarks by European leaders. Macron, Starmer, von der leyen and others are making public statements preparing the European public for war with Russia. It’s insane. These people WANT war. And unfortunately, the nuclear genie is going to get released from the bottle this time.
Many euro stocks are up 200-700% in the past week
Total trade between USA, Mexico and Canada per year is $1.5T. 25% of that is $400B. Just how is $400B/yr supposed to create havoc in world financial markets?
The USA spends $400B on gay pride parades...