The High Price of Defending Europe Against Russia

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Publicado 2024-05-24
European NATO members are racing to bulk up their militaries in the face of Russian aggression and the possibility that Donald Trump, if elected in November, may try to pull the US away. But experts say NATO nations and their allies need to at least double their defense spending to deter any potential Kremlin threat.

In the Baltics, the number of allied troops is rising. It’s there that NATO is planning to station new brigades, with soldiers from Canada in Latvia, UK troops in Estonia and German forces in Lithuania. But all of these efforts, including continuing aid to Ukraine, will require a lot more funding. Alarms are ringing all across the continent about how much more NATO members will need to spend to give Russia pause, especially if Trump takes over in the White House. In 2014, when Russia invaded Ukraine’s Crimean peninsula and Donbas region, NATO members promised to spend 2% of GDP on defense. A decade later, only about half of them met that target. Though Vladimir Putin has said he has no intention of challenging NATO, experts are estimating that member states need to double their military spending to 3-4% of GDP, close to Cold War levels of spending, just in case.

Read more on Bloomberg.com: www.bloomberg.com/news/articles/2024-06-07/nato-sc…

01:14 Baltic Countries Prepare for NATO Soldiers
03:10 NATO Defense Spending Commitments
3:50 Germany Ramps up Defense Spending
4:44 Benefiting Companies: Rheinmetall and Hensoldt
5:12 Not Enough to Deter Russia
6:20 Unequal Burden and Painful Choices

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Todos los comentarios (21)
  • the problem with the 2% is that the cost of weapons made in the west are just ridiculously high.
  • ... Who would actually expect Russia to attack a NATO country? Both Russia and NATO are aware of the risks of direct confrontation potentially escalating to nuclear hazard.
  • The title of this video should have been - "The high price of running a proxy war against Russia"
  • @nerdError0XF
    2022: Russia is so weak, it cant even win against small Ukraine 2024: Russia is one step from invading Euurope, prepare to defend! lol
  • @origanami
    "Why spend $1 preventing something when you can spend $100 treating it?" Same thing applies to diplomacy versus military spending.
  • Remember, as soon as NATO does not interfere with Russia's national interests, there will be no war against it.
  • @ilia9048
    And what about the encirclement of Russia by NATO countries all the years after the collapse of the USSR? The US almost brought the Third World War because of missiles in Cuba (which were placed there in response to US missiles in Turkey) - do you think Russia should smile at the encirclement of its borders? If NATO wasn't expanding eastward, the spending wouldn't be necessary. Lithuanian with talk about "imperialism" is straight "the best expert")
  • @Cainite
    A price none of the rich nor the politicians have to pay...
  • @normusdoar
    NATO a defense organization that attacked Yugoslavia, Afganistan and provides guns to attacked non member countries = "Defense Organization"
  • No one will benefits from war.We will all lose, and lose everything even our lives.
  • Hilarious how only america is saying that Russia wants to invade nato when nato is the one mobilizing all over the east on their borders. 😂