Global force projection at the benefit for all Western economies is very expensive. This money is required to even allow the form of economy "the West" is running.
How else were you going to keep up the Pax Americana that enables globalization by making significant global trade networks even possible in the first place? Who's gonna insure your freighter if international waters aren't protected by Western navies? Pirates, rogue states closing important channels, at will seizures for no reason... the list is long.
As the Pax Americana will likely soon fade through growing influence of the BRICS nations and "America First"-style ideologies, the 700B will probably wither away quite fast in the next decades - along with all the benefits we enjoyed since WW2.
Just one illustration. How man South American or African nations support the sanctions against Russia? How many Asian nations that are not Japan?
Global force projection at the benefit for all Western economies is very expensive. This money is required to even allow the form of economy "the West" is running.
How else were you going to keep up the Pax Americana that enables globalization by making significant global trade networks even possible in the first place? Who's gonna insure your freighter if international waters aren't protected by Western navies? Pirates, rogue states closing important channels, at will seizures for no reason... the list is long.
As the Pax Americana will likely soon fade through growing influence of the BRICS nations and "America First"-style ideologies, the 700B will probably wither away quite fast in the next decades - along with all the benefits we enjoyed since WW2.
Just one illustration. How man South American or African nations support the sanctions against Russia? How many Asian nations that are not Japan?