For four generations, American has been the military backbone offsetting Soviet and now Russian aggression. NATO was formed with twelve member countries in 1949. Four countries joined before USSR’s dissolution (Spain, West germany, Turkey and Greece).
16 NATO members joined after Soviet dissolution, most of which were part of the Communist empire.
The USA supplies 70% of the funding and military might of NATO, and the other member countries have contributed a smaller-than-required percentage of their GDP. 10 of the 32 countries are above the 2% minimum (Poland, USA, Baltics, Finland, Romania, Hungary, UK). France is close at 1.88%., Croatia and Slovakia at 1.81%. The rest are 1.72% or less.
There is support in the USA to finally pull out of NATO. We’ve been pulling back from being the world’s policeman for the last generation as our national debt climbed to $37 trillion.
Europe’s nightmare is here: They have to fight Putin without the U.S. | Financial Post
And speaking of the soaring debt, Ray Dalio says the US must act before the inevitable financial heart attack.
Elite investor Ray Dalio warns the US may suffer a financial ‘heart attack’ if the debt problem isn’t tackled