ALAMO wrote:
Sure that's right, yet you have missed a tiny point.
The cost of that.
All NATO countries are deep in debt. The construction of a surplus budget is unknown to them. Europe as a whole has an energy deficit and lacks a serious part of resources.
Russkie have a surplus budget for a while now. Their debt is smaller than accumulated reserves and mostly internal. They have an energy surplus and every single resource they can need.
Russias purchasing power is multiple times more than the west, and if you combine it with their allies that have even higher PPP leverage, the thing starts to be ridiculous.
In theory, 700 mln high technology economy should outrun them in a short time. In reality, they can't. Can't afford that. Nobody will finance that, because they don't have the money. For Europe, any military production will be even more expensive than it was.
Poland is buying military hardware in Korea not because it is so fantastic, but because it is possible to do so. Germans don't produce tanks anymore. Neither the French. Nor Brits. Nor Italians. Last but not least, nor Muricans.
An arms race would mean the bankruptcy of the whole of the west.
That is only about the economy, and we haven't started to consider the human factor yet.
Nail on the head there Alamo.
Whilst the US can just print money, for now, the rest of the West can't. For us there is an opportunity cost to producing more weapons/munitions, not spending that money on something that the society thinks is better, like health/education/pensions etc. In the UK they are sneaking a bit of money here and a bit there but not moving much outside the allowed budget. To compound the problem there are elections all over the place over the next 18 months.