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submitted 6 months ago by OutForARip@lemmy.ca to c/world@quokk.au

France, which has a large defence industry, has often complained when other European Union members have opted to buy U.S. weapons when French or European alternatives exist.

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[-] alvvayson@lemmy.dbzer0.com 18 points 6 months ago

As Europeans we have spent trillions on buying American defence products and buying American debt.

While China has been divesting from US debt, the UK and other European countries have been picking up the slack and now own more than 2 trillion of US debt.

I think we have to seriously stop subsidizing the USA and start investing in ourselves.

https://en.macromicro.me/charts/81306/top-10-countries-holding-us-debt

[-] FelixCress@lemmy.world 5 points 6 months ago

He is not wrong.

this post was submitted on 22 Jan 2025
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