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‘Trump-proof’ European security by setting up ‘Nato bank’, thinktanks urge (www.theguardian.com)

submitted 4 months ago by [email protected] to c/business

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[–] UnderpantsWeevil 5 points 4 months ago* (last edited 4 months ago) (1 children)

Nato countries should support the creation of an allied multilateral lending institution

For financing domestic improvements and improving the quality of life of residents, right?

International Arms Industry cash-register noise

Right?

[–] someguy3 4 points 4 months ago* (last edited 4 months ago) (1 children)

I don't remember the exact number but European Nato countries spend a lot of their military money outside Europe. They need to make their own industry and they know it.

[–] UnderpantsWeevil 0 points 4 months ago* (last edited 4 months ago)

Specifically in the US, the world's largest military exporter.

But jacking up global military spending isn't going to hurt the largest arms industry in the world.