As long as the members of NATO are finally agreeing to cover their 2% pre-agreed upon expenses as per the NATO rules, the United States should require that NATO nations make up for their formerly unpaid contributions. Once those are completely made current, we have to re-negotiate – and the new terms of NATO has to be determined by a USD (US Dollar) number not 2% of their GDPs.
Well, it is simple really, you see I have been watching the slow-motion train wreak we call the European Union (EU). Greece remains borrowing, and they are borrowing from Germany and the IMF to use that money to pay loans already incurred, eventually they will default, and then leave the EU. At that point, they will still want to be in NATO but their GDP will be less than a 1/3 of what it is today. As the EU increasingly more countries leave as Britain did, many of these individual nation-states will watch their GDPs radically cut briefly.
Okay so, what I am saying is this; countries could economically collapse and thus, 2% of GDP will be 1/3 of what it is now. So, let’s make hardline expenditure rule and base it in USD, not Euro or any other currency, particularly since our currency is getting stronger and will continue to get stronger as other nation’s economies investment and crash comes pouring into where it can find a solid return on investment in a secure haven economic environment.
Another reason why the 2% rule bothers me is that this has been going on some time and nations who sell and export defense products like tanks, missiles, airplanes, and ships through in-country corporate defense contractors stand to gain substantially with the new increase in military purchases, while those EU nations who don’t make military hardware are certain to go further in debt purchasing weapons of war. This just further exacerbates the current problem of inequality of EU countries as the productive nations grow in strength while the non-productive nations fall behind in unsustainable debt.
Sure, one could say, that’s not our problem, but when we are holding the bag for NATO, we are on the hook for their slowdown of purchases of 2% of their respective GDPs as those GDPs take a severe financial haircut due to the failing Euro Zone project and ever increasingly arrogant and elitist socialist EU leadership.
I don’t mean to be a hard ass about it, but now that we see how quickly the NATO nations have recapitulated and re-promised their required contributions to their militaries, perhaps we need to put a little fairness back into the system, let’s renegotiate this – and do what’s best for America. Oh and let them order and pay for a boat load of F-35s, Patriot Missile Systems, J-Dams, C-130s first, then re-negotiate.