Australian (ASX) Stock Market Forum

The Biden Presidency

Jump to new
Defense-Spending-of-Each-NATO-Country.jpg


.​
 
IFocus said:
How did you feel about Trump undermining Nato?
Click to expand...
Well me personally, how do I feel, I feel friendship is a door that swings both ways.
You call on a friend when you need help and a friend calls on you when they need help.

Both have an underlying commitment to meet that obligation, if one of the friends feel the other friend is taking the pizz because they don't commit to their obligations, by fulfilling their side of the agreement, then the friendship becomes strained.

So can I understand Trump saying to NATO, you agreed to spend a certain amount of GDP , on defence after WW2 and you haven't done it, because you expect the U.S, the U.K and places like Australia to drag your ar$e out of the $hit, that isn't good enough. Absolutely

Then you have France and Macron $hitting on Australia, for cancelling the subs, that were hugely behind schedule, hugely overbudget and they were no longer fit for purpose.

Yet the Australian public and the Australian media, want to find a reason to blame themselves for cancelling and paying out the contract, to chose more suitable subs. Is that weird ? Not really, we would rather blow the money, buy the crap as long as we can score a political home goal, are we flcked in the head? Absolutely.

So do I feel Trump undermined NATO? No I don't, I think NATO used the treaty to reduce their spending on the military, with the knowledge that the other treaty partners would come to their aid if required.

This has also been shown in the fact that during the World Wars when Europe was freed from Nazi occupation, it was due to the U.S intervention , part of that intervention in Europe was the lend lease, where the allies agreed to repay part of the cost that the U.S incurred in the European campaign.

The U.S wasn't threatened by Nazi Germany, they were at war with Japan, so they really didn't have to go into Europe at all, other than to drag Europe's ar$e out of the $hit.

It was not until 2006, for example, that Britain fully repaid its lend-lease debts to the United States from World War II. Some international loans from the aftermath of World War I were never fully paid and were effectively put aside in 1934, though Britain also failed to recoup debts it was owed by other nations.27 Dec 2014

So did Trump have any right to tell the European Countries to stop being Flckn bludgers? Flckn right he did and as you are seeing now, nothing much has changed in Europe.
What's your take on it?
Also would you have the same take on it, if Biden had told NATO to pull its weight and if Albo had been the PM who had cancelled the subs? I would still have the same take on it.
Truth and facts, don't change.
 
Last edited:
moXJO said:
Where was he wrong?

Nato countries did not spend enough on military as a %. They became dependent on Russian energy and a few years later here we are.

And yes they are bloody useless. Let's see how they stuff it up this time.
Click to expand...
Well I wonder what plan B is, for the people who constantly abuse the U.S and the U.K, when or if, we are in the same position as the Ukraine.
It will be interesting to see who they suggest we align with, or indeed who they think will jump in, to die on Australian soil.
Very interesting times.
 
sptrawler said:
Well I wonder what plan B is, for the people who constantly abuse the U.S and the U.K, when or if, we are in the same position as the Ukraine.
It will be interesting to see who they suggest we align with, or indeed who they think will jump in, to die on Australian soil.
Very interesting times.
Click to expand...
The hypocrisy of the west is stultifying.
The is the first major conflict since WWII that the USA has not flung itself into.
And obligingly we launched ourselves into wars with Korea, Vietnam, Iraq, and Afghanistan alongside America, but when a true democracy is threatened we hide behind a gutless wall of doublespeak and no action.

It looks like we think of ourselves as the good guys, virtuous and bound to defend the weak. Anything but. We have chosen to consistently only attack those weaker than us, and quickly shy away when an adversary has a reasonable means of defending itself.

While we indulge in talk fests innocent Ukranian civilians are being killed and maimed, and we just stand back and watch. Little wonder Hitler was able to do as he did in the 1930s.
 
sptrawler said:
Looks like Ukraine goes under the bus, for the greater good.

Click to expand...

Plenty of unofficial "volunteers" are heading in. There's troops on the ground they just won't let you know.

The cia tried to recruit my old man back in nam to run over the Cambodian border for good money. His sergeant said that "a hole in the ground is cheaper then paying when it's done". So he didn't end up going.

Does remind me of this meme though:

a0Z4Wbv_460swp.webp
 
moXJO said:
Where was he wrong?

Nato countries did not spend enough on military as a %. They became dependent on Russian energy and a few years later here we are.

And yes they are bloody useless. Let's see how they stuff it up this time.
Click to expand...
Was Trump right?
Well it is certainly going to be interesting to watch how the U.S politicians manage their multinational manufacturers, how are they going to stop China from just continuing on their growth trajectory? While allowing U.S intellectual property and manufacturing to be developed in China , all that has happened is the only person who stood against the U.S decline has been trashed by the media arm of the manufacturers.

We are still making giga factories in China and they already have the most battery manufacturing plants, VW, Tesla and most other manufacturers are still building new factories there, so where is this renewal of manufacturing in Western countries going to come from?
My guess it isn't, the only way we can force a level playing field, is to put tariffs on to place a surcharge on cheap labour sourced products.
If that is done, then the surcharge tariff could be reduced as they increase the wages, to bring about a competitive level playing field, well there is no profit in that. ?
The only winners in that scenario are the plebs and we can't have that.
Trump wanted to make America great again, because his hotels and gambling interests would have profited from the workers having more money to spend in his establishments, the problem is it would have been at the expense of the multinationals profit margins, he had to go. :xyxthumbs
Let the slide continue.
 
Last edited:
sptrawler said:
Was Trump right?
Well it is certainly going to be interesting to watch how the U.S politicians manage their multinational manufacturers, how are they going to stop China from just continuing on their growth trajectory? While allowing U.S intellectual property and manufacturing to be developed in China , all that has happened is the only person who stood against the U.S decline has been trashed by the media arm of the manufacturers.

We are still making giga factories in China and they already have the most battery manufacturing plants, VW, Tesla and most other manufacturers are still building new factories there, so where is this renewal of manufacturing in Western countries going to come from?
My guess it isn't, the only way we can force a level playing field, is to put tariffs on to place a surcharge on cheap labour sourced products.
If that is done, then the surcharge tariff could be reduced as they increase the wages, to bring about a competitive level playing field, well there is no profit in that. ?
The only winners in that scenario are the plebs and we can't have that.
Trump wanted to make America great again, because his hotels and gambling interests would have profited from the workers having more money to spend in his establishments, the problem is it would have been at the expense of the multinationals profit margins, he had to go. :xyxthumbs
Let the slide continue.
Click to expand...
What happens when China turns off supply lines when it doesn't get what it wants?

Trump pointed out the plain and simple while media made out what he was saying was somehow horrific and stupid. He was right in wanting to move strategic manufacturing away from places that could weaponize trade.
 
And this:


I thought Biden was negotiating with them for oil. That must have gone well.
 

Similar threads

wayneL
The economic implications of a Harris presidency
2 3 4
Replies
79
Views
7K
wayneL
wayneL
basilio
The White House is sinking into a den of iniquity
Replies
3
Views
2K
Tisme
Tisme
R
The American use of War Pretext Incidents
Replies
6
Views
9K
sptrawler
sptrawler
Top