NATO On The Verge Of Bankruptcy? \ stacker news ~AskSN

pull down to refresh

429 sats \ 13 comments \ @0xbitcoiner 23 Jan AskSN

NATO chief Mark Rutte said in DAVOS:

We are safe now, but NATO collectively is not capable of defending itself in four or five years if we maintain the 2%.

https://www.theguardian.com/world/2025/jan/23/nato-chief-ukraine-russia-vladimir-putin-mark-rutte

Is NATO Close To Going Bankrupt? Or is it just propaganda for countries to increase military spending, as Trump wants?

view all related items

22 sats \ 0 replies \ @Cje95 23 Jan

Does NATO have some weak points at the moment? Yeah but pretty much all the countries are ramping up spending past the 2% point which is why Trump now wants 5%. When he did this last time he was in office Trump was able to get countries to boost their spending and it makes sense to continue to do so given the undersea cable incidents.

Countries like Spain and Italy are hurting for cash and so I doubt they will be able to ramp up considering they are not even at the 2% level.

35 sats \ 3 replies \ @7e6e393a56 23 Jan

With the fall of the Soviet Union, NATO should have been dismantled, but bureaucrats fought to continue existing, desperately searching for new justifications for this. Found it!

10 sats \ 1 reply \ @Bell_curve 25 Jan

Ukraine will never join NATO

They don't have 67 votes in US Senate

I don't care what the Budapest Memorandum says, it's not a treaty

9 sats \ 0 replies \ @7e6e393a56 25 Jan

I agree, Ukraine will never be part of it and in reality NATO never wanted to be. Their intention was something else that didn't work out.

10 sats \ 0 replies \ @Bell_curve 25 Jan

exactly

14 sats \ 0 replies \ @Aardvark 23 Jan

I hope so.

0 sats \ 2 replies \ @Satosora 23 Jan

How does nato even raise money?

0 sats \ 0 replies \ @Bell_curve 25 Jan

They don't, completely dependent on USA

USA plus parasites = NATO

0 sats \ 0 replies \ @0xbitcoiner OP 23 Jan

https://www.nato.int/cps/em/natohq/topics_67655.htm

https://www.statista.com/chart/14636/defense-expenditures-of-nato-countries/

0 sats \ 1 reply \ @LowK3y19 23 Jan

Call in NATO we can’t they have no money

0 sats \ 0 replies \ @Bell_curve 25 Jan

NATO should be dismantled

1 sat \ 1 reply \ @ama 23 Jan

It's propaganda. We need to reduce the 2% and stop funding wars for the US. The guy can fund them with the profits from his solana tokens, if he wants.

0 sats \ 0 replies \ @Bell_curve 25 Jan

stupid Eurocentric take, my guess is ama is from Spain or Portugal

Why are these useless countries part of NATO?

I hope Trump pulls USA out of NATO