ishtat
Literotica Guru
- Joined
- Aug 29, 2004
- Posts
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In the past few days the stock prices of European Arms manufacturers have taken off like one of Mr Musk's rockets. Clearly, now that the Europeans have woken up to the fact that US politicians do not make reliable allies, a great deal of the materiel formerly bought from the USA will be sourced from elsewhere. France, Germany, Spain, Poland, Japan, Korea and Sweden all have significant capacity and in perhaps the unkindest cut of all Israel is already discussing the sale of a significant part of its mobile artillery kit, displacing US suppliers. The market losses for US manufacturers will initially effect Army resources most of all and in the USA a surprising amount of those resources are made in red states. US manufacturers have always been much more expensive than equipment sourced within Europe, so an early impact on US suppliers is certain. Most forecasts limit the US market losses to estimates of around B$100 in this FY but it will grow rapidly.
Interesting to see how this change is received in the USA.
Interesting to see how this change is received in the USA.