• jarfil@lemmy.world
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    1 year ago

    Spending doesn’t mean quality or even quantity.

    Americans get swindled big time by weapon manufacturers colluding with government contract drafters, and pharmaceutical companies colluding with medical insurance appraisers and hospitals to raise fictional treatment costs through the roof. All that, while having a taxation pressure pretty much on par with the average in the EU.

    So far, the EU has managed to avoid the medical racketeering, it isn’t unthinkable that it could also avoid the weapons racketeering… unless it keeps buying overpriced shit from the US big bully in town, instead of investing in it’s own manufacturing.

    An EU military, with weapons produced in the EU, would be a huge loss for the US, not necessarily much of a sacrifice for the EU.

    • AngryCommieKender@lemmy.world
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      1 year ago

      The problem for the EU is they don’t exactly have a sovereign currency, at least not the way The US, UK, AU, CA, and China have. We can always pay more, because the government can just “print more money.” I don’t know if the EU can really do that with the Euro. They should be able to, but they don’t seem to function the way our Federal Government does.