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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Investing Beginners
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Author: commonone   😊 😞
Number: of 93 
Subject: Re: Our worst enemy
Date: 01/29/24 2:32 PM
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Dope1: You don't really follow the news at all, do you?

Neither do you, evidently.

First, allied leaders agreed on two key 10-year spending targets at the Wales summit in September 2014 (yeah, Obama was president then so your Lol is a little misplaced). By 2024, they said, members would, 1.) "move towards" or beyond spending 2 percent of GDP on their militaries, while, 2.) committing 20 percent of annual defense spending to major new equipment and related research and development.

Not all Nato nations have met the 2 percent goal but most have moved towards it. As of July 2023, all 31 member states had surpassed the 20 percent spending target. As Fabrice Pothier, a former director of policy planning for Nato, said: "It's not just about how much you spend, it's where you spend it."

BTW, Orange Jesus did not get member nations to the 2 percent goal, either, despite all of his huffing and puffing and threats to withdraw from Nato.

For example, Orange Jesus told the European Commission in 2020 that the US would “never come help” if Europe was attacked and also said “Nato is dead, and we will leave, we will quit Nato.”

LOL at that, whydontcha.

newsweek.com - NATO hits major equipment target summit percent

theguardian.com - Donald trump says never help europe attack
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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