Let's talk about Putin's problem and Germany's defense spending....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 24 March 2022
⏱️ 7 minutes
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| 0:00.0 | If just thinking about your bills makes you feel confused and disorientated, |
| 0:05.0 | like your head is full of Raspberry, |
| 0:08.0 | then you need Monzo. |
| 0:10.0 | Download your new favorite bank and pay bills from custom pots. |
| 0:15.0 | Money never felt like Monzo. |
| 0:18.0 | UK residents, Tease and see supply. |
| 0:21.0 | Well, howdy there, Internet let's bow again so today we are going to |
| 0:26.6 | talk about Germany and how it's a bad sign for Putin. You know early on we talked about how no matter what goes |
| 0:39.6 | on the ground Putin the loss of the war on the ground Putin loss of the war on the international stage and because of |
| 0:46.5 | that Russia will be dealing with the consequences for years and years and years to |
| 0:50.2 | come. The first big sign of that, beyond the sanctions, happened this month as well. |
| 0:57.0 | Historically, because of events in the 1930s and 40s, Germany has not really had a military, not a large one. |
| 1:10.0 | They focused mainly on territorial defense and having enough capability to contribute to NATO missions. |
| 1:18.0 | But they never really built back up the massive military that a country like Germany can afford. |
| 1:30.0 | Germany has announced that it will now be spending about $110 billion a year on defense. |
| 1:40.8 | Now for Americans, you, and for everybody else in the world, it's a big deal. |
| 1:50.6 | Because at 110 billion dollars dollars that makes them the third largest |
| 1:56.8 | spender on defense they will have the third largest defense budget |
| 2:00.8 | surpassing Russia. |
| 2:04.0 | Russia spends about $67 billion, somewhere between $67 and $70 billion. |
| 2:11.0 | One of the things that happened, one of the the |
| 2:19.2 | assumeably unintended consequences of Putin's move was putting Europe on alert. |
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