Comments by "Valen Ron" (@valenrn8657) on "Why Slovakia’s Government Collapsed (and why it’s bad news for Ukraine)" video.

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  10.  @sebe2255  When Budapest Memorandum completely fails, it has a negative outcome on any US allies outside of NATO's Article V. This is why countries like South Korea and Japan are requesting the same AUKUS deal. Australia's ANZUS treaty doesn't have a NATO Article V quality. Japan can enrich fissile material into weapons-grade and the US ordered that the Japanese highly enrich fissile materials be stored in the US. The US told Taiwan and South Korea to halt the nuclear weapons program in exchange for US security assurances. If the US can't fulfill its security assurance promise, then the NPT rules-based order is dead. A significant number of GOP voters want the US to exit from defense treaties. A significant number of politicians want the US to block the AUKUS agreement. A significant number of GOP voters and politicians want the US to block an Australian company that enriches US nuclear fuels. Democrats and mainstream GOP politicians already warned GOP isolationists that Australia and UK are prepared to unilaterally proceed with the AUKUS agreement. Are you aware the leftist Canadian government has recently switched to supporting the CANZUK initiative? There is doubt about US's long-term security assurance commitment even from Five Eyes. Budapest Memorandum wasn't the 1st treaty with the US offering security assurances for another country's halting the nuclear weapons program. The EU should prepare for its own defense when GOP isolationists gain power in the US and executes unilateral defense treaty exits.
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  14.  @sebe2255  Security assurances such as those in the Budapest memorandum do not carry as much weight as NATO security guarantees. Still, security assurances have played a role in the effort to freeze and end North Korea’s nuclear program. These kinds of assurances may not by themselves offer major leverage. However, when looking for ways to prevent nuclear proliferation, Washington and its partners should marshal every possible tool. The problem is that Russia’s actions against Ukraine have discredited security assurances. If a North Korean diplomat were to ask his or her Ukrainian counterpart how the Budapest memorandum worked out, the response would not be a happy one. At a September conference in Kyiv, former President Leonid Kuchma, who signed the Budapest memorandum for Ukraine, said that Ukraine had been “cheated.” Prime Minister Arseniy Yatseniuk referred to the “notorious” Budapest memorandum. Such comments do not make good advertisements for future security assurances. Washington cannot undo Russia’s violations. It can and should, however, do more to fulfill its obligations under the Budapest memorandum by doing more to bolster Ukraine and penalize Russia until Moscow alters its policy. Such U.S. action could also change the Ukrainian narrative in the hypothetical conversation with a North Korean diplomat to “the Russians violated the memorandum, but the Americans backed us to the fullest and made Moscow pay.” That would help restore credibility to security assurances as an element in the toolkit of America’s non-proliferation diplomacy.
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  28.  @sebe2255  For funding context. From GPAS__2021 pdf Pension (mandated nanny state saving funds) vs GDP ratio for 2021 Five Eyes/Five Passport Group, Australia, $2,333 billion, 174.8% (CPTPP member, Nordic model), Canada, $3,080 billion, 192.5% (USMCA, CPTPP member, Nordic model) United Kingdom, $3,564 billion, 135.1% (CPTPP member in July 2023, Nordic model) United States, $32,567 billion, 156.5% (USMCA member) (I don't have data for NZ) Notice the Five Eyes group has similar pension assets to GDP ratio results Large-scale mandated savings funds enable the government to issue government bonds and large-scale bond buyer markets! The Western allies learn from the WW2 war bonds experience and went big. EU Finland, $279 billion, 104.3% (Nordic model) France, $166 billion, 6.5% Germany, $548 billion, 14.5% (Don't blame international banks for Germany's subpar pension saving rate) Italy, $231 billion, 12.5% (PIIGS) Netherlands, $1,900 billion, 214.4%, (Nordic model) Ireland, $197 billion, 49.4% (PIIGS) Spain, $44 billion, 3.6% (PIIGS) The EU lacks strategic savings coordination. Non-EU, Europe Switzerland, $1,163 billion, 164.3% (Nordic model) North America Mexico, $259 billion, 24.9% (USMCA, CPTPP member) Canada, $3,080 billion, 192.5% (USMCA, CPTPP member, Nordic model) United States, $32,567 billion, 156.5% (USMCA member) South America Brazil, $195 billion,14.3% Chile, $243 billion, 99.2% (CPTPP member) East Asia, South East Asia China, $285 billion, 1.9% Hong Kong, $199 billion, 58.3% Japan, $3,613 billion, 73.6% (CPTPP member) South Korea, $968 billion, 61.0% Malaysia, $279 billion, 83.0% (CPTPP member) South-Central Asia India, $184 billion, 7.1%
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