Friday, May 21, 2021

Germany

Germany only spends 1.3% of its GDP on defense as compared to the US which spends 3.4%. They can get away with this because NATO promises to defend them against attack from Russia. This includes money to NATO from the US along with US troops stationed in Germany. Germany gets natural gas from Russia and just completed a second pipeline from Russia. Germany could be buying natural gas from the US and not be dependent on Russia but they chose to do otherwise. Germany is considered to be a friendly ally of the US. Russia took over a part of Ukraine called Crimea and they have designs on the rest of Ukraine. The old gas line runs through Ukraine and Russia pays transfer fees to Ukraine but the new line by-passes Ukraine. This was a major source of income for Ukraine and weakens their economy. Some feel this is just one more step in Russia's plan to take over Ukraine.

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