It turns out that abandoning allies and tossing out security guarantees is bad for business. While U.S. defense stocks are slumping, European defense stocks are rising quickly because the markets have concluded that those governments will be spending lots more on defense. And every government around the world knows what happened to Zelensky last week in the Oval Office. The conclusion that many leaders will draw from the altercation that Trump and Vance had with Zelensky is that U.S. security guarantees-a key reason why countries tend to buy U.S. weapons- are not going to be a convincing argument anymore. Since Trump's inauguration, shares in the six biggest U.S. defense companies have fallen by an average of 4 percent. Meanwhile, shares of Europe's largest defense groups - including Germany's Rheinmetall - "have surged" by almost 40 percent in the same period.
It is no surprise that Trumps behavior towards US' allies especially when it comes to Ukraine has been politically an absolute disaster. Economically, it is equally disastrous. While US defense companies are losing in value in the Dow Jones, European companies are surging by 40%, with no end in sight. We are looking into trillions of Euros or USD in additional funds of which US defense contractors will not see much, thanks to Trump's wrong decisions.
This applies to security guarantees which were not a side dish but the core why many countries around the globe purchased US hardware. They were literally the reason why some countries preferred to buy American.
Quote from the article:
Security guarantees are the unbeatable sweetener that Washington has historically used to clinch most deals. Many countries, including a large number in Europe, have bought U.S. weapons precisely because they came with U.S. security guarantees. The guarantees were not just the sweetener: They were at the core of the deal."
Trump's first days in office have been an absolute train wreck. If this continues then by the end of this decade the USA will be diminished, politically, militarily and economically.
Full article is highly recommended: https://t.co/NdiyrfnsOc ... pic.twitter.com/D3RlwsxEbZ
" (((Tendar))) (@Tendar) March 5, 2025
@#5 ... Might have something to do with a monkey with a machinegun. ...
Maybe a chain saw on stage, and not a machine gun?
This S&P 500 darling is down 25% in the past month! Here's what's going on
uk.finance.yahoo.com
... It has been a jittery start to March for the US stock market. Concerns around tariffs and the impact they could have on economic growth and inflation have caused some investors to get worried. Some S&P 500 stocks have seen a significant move lower in a short space of time. ...
@#6 ... My point of view (religious/Islamic) is that pure political order is inherently immoral/amoral and fundamentally corrupt. ...
Even some pragmatic concern for the prosperity and security of the populace is tainted with the wickedness of certain men like Trump who come to power in largely legitimate (Democratic) ways. ...
Trump also believes this, but his fundamental characteristic is that he (a classic charismatic) is a master at manipulating ...
I'd prefer to classify Pres Trump as a malignant narcissist, and not as a classic charismatic.
How to Identify a Malignant Narcissist (2023)
www.verywellmind.com
... A malignant narcissist is an abusive person who finds pleasure in lying, manipulating, and using other people in order to get the things that they want. ...
@#13 ... False analogy. ...
August Campbell & The Spur Of The Moment Band - The I-95 ------- Song
www.youtube.com
Lyrics excerpt ...
...
Well I was driving down I-95 the other night
When somebody nearly cut me right off the road
I decided it wasn't going to do any good to get mad
So I wrote a song about him instead. It goes like this...
Were you bo-rn an -------, or did you work at it your whole life?
Either way it worked out fine, 'cause you're an ------- tonight
Yes you're an -------, and don't you try to blame it on me
You deserve all the credit, you're an ------- tonight
You were an ------- yesterday, you're an ------- tonight
And I've got a feeling, you'll be an ------- the rest of your life
And I was talking to your mother, just the other night
I told her I thought you were an -------, she said "yes, I think you're right"
And a-ll your friends are -------s, 'cause you've known them your whole life
And somebo-dy told me, you've got an ------- for a wife
Were you bo-rn an -------, or did you work at it your whole life?
Either way it worked out fine, 'cause you're an ------- tonight
...
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