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Trump's point about NATO countries needing to adhere to the funding that was agreed with mutually is a good one and I'm super confused why he was ridiculed about it when he said it. I mean, what's the point of the alliance if we don't do the things we agree to do?
European here. That money is more like a protection racket than anything. When the US means protection they mean vassality. The NATO empowered fascists and killed left-wing politician. Fuck the NATO.
NATO will be fine. They'll just have to up their game a bit militarily. If America wants to be insular and wrap a flag of isolationism around them, it'll hurt in the short term, but after four years of being more independent of Americas tit, its more than likely the US that will find itself less relevant globally.
Even before this, there was already rumblings, not just in China, but elsewhere, about ditching the american dollar standard and returning to the gold standard. That's just going to gain momentum as soon as Trump starts trying to wave his mushroom around.