Comments by "looseycanon" (@looseycanon) on "Can Europe Actually Spend 5% of GDP on Defence?" video.
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@HyperScorpio8688 The question is, "just what would the US nationalize?". There is not much they could do with burned down factories and any and all IP in the direct hands of a foreign company.
Also, don't take the US military industrial complex by it's Dollar value. Prices in that sector re extremely bloated.
Furthermore, you're forgetting two things. One, the EU could go full Russia and just fine American companies for not providing service and supplies a decillion USD. Laws can be easily created to facilitate that and make them retroactive. And two, this would NOT be a war of guns, but one of trade. The EU has won one trade war with the US already, one lead by Trump no less! Never forget, that the source of American power is how much it's interconnected with the world. Ask yourself a question, who'll trade with the US, when they're doing this to their closest allies? India? Forget it. They are the only nation on Earth, that can pull off isolationism and they know it. China? Who's been declared a systemic rival and is on the verge of dying out of old age? The Americas? Sure, as long as the US accepts cocaine and heroin as payment... Russia? I'm sorry, if things keep going the way they are, East Poland? Nope, the United States are literally number 2 nation added to their hostile countries list...
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@HyperScorpio8688 Somebody already mentioned HK, but there are still other defense firms in the EU. There's a factory that makes small armas in Cugir, Romania, there is still CSG, which is now Czech company, that actually owns Colt, so moving that production line out of US would both help Europe and damage the US. There's Rheinmetal, who make tanks, there's Tatra, who make trucks which carry artillery pieces. Airbus has military wing, we've got Saab... Europe is not dead in terms of military industrial complex. It's dormant. And Donald will regret waking it up.
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