U.S. Empire and NATO Military Spending SKYROCKETS to $2.7 TRILLION - COLD WAR 2.0 ALERT

U.S. Empire and NATO Military Spending SKYROCKETS to $2.7 TRILLION - COLD WAR 2.0 ALERT

May 3, 2025

U.S. EMPIRE - FOLLOW THE MONEY

Lena Petrova

Global military expenditure soared to $2.718 trillion in 2024 in an unprecedented surge, driven by ongoing wars, rising geopolitical tensions and increased security concerns worldwide, the Stockholm International Peace Research Institute (SIPRI) said Monday.

The 9.4% real-terms increase from 2023 marks the steepest year-on-year rise since at least the end of the Cold War and the 10th consecutive year of growth, data showed, News.Az reports, citing foreign media.

The global military burden – military spending as a share of global gross domestic product (GDP) – climbed to 2.5% in 2024.

Europe (including Russia) was a major driver of the global trend, with spending jumping 17% to $693 billion.

This surge, largely fueled by the continuing war in Ukraine, pushed European military expenditure beyond levels seen at the end of the Cold War.

Several European nations saw unprecedented rises. Germany increased spending by 28% to $88.5 billion, becoming the fourth-largest spender globally and the largest in central and western Europe, boosted by a special defense fund announced in 2022.

NATO members collectively spent $1.506 trillion, 55% of the global total. The US accounted for two-thirds of alliance spending, raising its own budget 5.7% to $997 billion, or 37% of the world total.

A record 18 of 32 NATO allies met the 2% of GDP spending target in 2024. The US has been pushing its NATO allies to spend more on defense.

Stealing Ukraine's Wealth
https://rumble.com/v5e5z8d-us-empire-wants-26-trillion.html

https://meduza.io/en/news/2025/05/01/u-s-and-ukraine-sign-minerals-deal

https://www.youtube.com/@lenapetrova

Original: https://youtu.be/L1KbOWxyuI8

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