Thursday, December 5, 2024

What Trump Will do to Our Defense Spending

What Trump Will do to Our Defense Spending

Practical Investment Analysis for the New Energy Economy

What Trump Will do to Our Defense Spending

Jason Simpkins | Dec 05, 2024

Dear Reader,

In the next year, Russia will spend a third of its national budget on “defense.” Defense is in quotation marks there because Vladimir Putin’s concept of the word entails invading neighboring countries. 

That’s up from 28% in 2024 and should throw some icy-cold water on any notion that Donald Trump’s election will usher in a new era of global peace and prosperity. 

Of course, there’s no doubt that Trump will abandon Ukraine as soon as he takes office. But even as America abandons its European allies Russia will still have to carry out the gritty task of conquering Ukraine and other former Soviet satellite states. 

That’s not going to be easy. Especially for a military that’s proven as weak as Russia’s. 

Once more, President Trump will rush to alleviate as much of Putin’s headache as he can, but there’s only so much he’ll be able to do. 

So what’s next?

>>> Read the full article here…

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