Reply to post: Re: While etc.

NATO's at risk if you go your own Huawei on 5G, US government warns Germany

big_D Silver badge

Re: While etc.

It is part of the different attitudes to economics.

In Germany for the last 2 decades, they have been on course to cut out debt. That means all internal funding and also internation funding, like NATO, has to come out of the surplus. One of the reasons why Germany has managed relatively well in the current crisis and could take on new debt.

The US has been overspending for decades and faced Government shutdowns in the last decade, because it ran out of money and they had to argue over taking on more debt and devaluing the dollar even further in the process.

The US needs new conflicts to keep the Military Industrial Complex busy and making a profit for Wall Street, through military spending, while Europe wants to avoid conflicts to get their economies back in the black.

This is also reflected in the populations and language. Living in debt (living on credit) is pretty normal in the US and the UK, whilst "debt" in German is the same word as guilt and has been frowned upon until the last generation or so.

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