TXT - Growing defense spending and a new rival to NATO?
2024-06-20 07:42:53 ET
The globe is entering a dangerous new phase as the nations of the world pick sides in what appears to be becoming a precarious decade. Soaring defense spending and the stockpiling of weapons doesn't make that picture look any better, but they may be necessary in a new era of conflict. The situation comes at a time when the West is struggling with diminished military recruitment , as well as pressure from giant debt loads and higher interest rates , though some of those items may have to change soon to adjust to the new environment....
Growing defense spending and a new rival to NATO?