https://www.cnbc.com/2025/06/25/nato-allies-agree-to-higher-5percent-defense-spending-target.html
NATO allies agree to higher 5% defense spending target
The NATO alliance agreed to increase defense spending from 2% to 5% of gross domestic product, by 2035.
Wow so its another we got 10 years to get to it, after the last you have 10 years to get to it lol. Is it no wonder China and Russia have no fear of the West? After claims Russia would "run out of weapons" for the last 2 years to discover it was actually NATO who did, you would think they might actually try?
Mind you to be fair the West is essentially in recession already so out of money. The few dollars they can still borrow they are using to try to prop up their economies but as the data is showing its only a matter of time before we collapse into major recession (the one you can't hide).
I remember back when Covid began and we started spending hand over fist Xi Jinping made that statement that once the West was done spending (out of money) and crashed it would be China that emerged as the most powerful economy in the world. Already happening despite our own BS.
Still you can see the writing is on the wall because everything we do now is "fake" or maybe a better term is "on paper"? Meaning we talk lot about what we are going to do but never do anything because we just can't afford to anymore. Welcome to the West and the "new" bull market all built on Kool-Aid:
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XJO - Bear Posts only (Factors which might cause the markets to fall), page-23388
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